AT&T Inc. Chief Executive Officer Randall Stephenson told Congress that combining with DirecTV will provide more bargaining power with television programmers that can put “downward pressure” on prices.
The U.S. House and Senate are both headed toward protecting the A-10 aircraft of the Cold War era, radar-jamming jets made by Boeing Co. and the Navy’s carrier fleet, spurning the Pentagon’s cost-cutting strategies.
Never in his brief U.S. Senate career has Mike Lee, a Tea-Party backed freshman from Utah, attracted such attention. In the past month, he was the subject of the president’s weekly radio address, testified before a House panel and appeared on television news programs five times.
House Republican leaders are considering a delay in debt-ceiling proposal, according to a congressional aide, as the Senate plans to vote tomorrow on a spending bill to avoid a government shutdown in four days.