Another debt ceiling debacle could sink the economy
Last year's Congressional debt standoff hurt consumer confidence more than the collapse of Lehman Brothers, Betsey Johnson and Justin Wolfers write. This time could be worse. Read more at Counterparties
U.S. court to rule Tuesday on California gay marriage
SAN FRANCISCO |
SAN FRANCISCO (Reuters) - A U.S. appeals court will rule on Tuesday on the constitutionality of California's Proposition 8 ban on same-sex marriage, the court said.
The ruling on California's same-sex marriage ban, passed by voters in 2008, could set national policy, if the Supreme Court takes the case. Both sides have indicated they will appeal if they lose the case in the 9th U.S. Circuit Court of Appeals.
About 40 U.S. states have outlawed same-sex marriage, but the issue has been decided on a state-by-state basis.
(Reporting By Dan Levine and Peter Henderson; Editing by Sandra Maler)
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