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Jeanine Herbst
Live from NPR News in Washington, I'm Jeanine Herbst. Treasury Secretary Janet Yellen says the government will reach its debt limit by mid January and will have to adopt special measures to continue paying its bills. NPR's Rafael Nam reports the pressure is now on Congress to take action.
Rafael Nam
Sometime between January 14 and January 23, the US will hit its debt limit. That's according to a letter sent by Yellen to Congress on Friday. But Yellen says the US can adopt so called extraordinary measures to continue paying its bills. These are essentially accounting moves to conserve cash, like suspending some planned investments. Yellen did not say how long the U.S. can do that for. Some analysts believe the U.S. could stretch its money until summer, but it will likely be up to the incoming Republican Congress and the next President Donald Trump to raise or suspend the debt ceiling. Otherwise, the US Risks a devastating default. Rafael Nam, NPR News.
Jeanine Herbst
Three months after Hurricane Helene hit the mountain communities of western North Carolina, thousands are still out of their homes. Jay Price from member station WUNC reports. Winter weather is now slowing repair work.
Jay Price
Pinky Anderson and her 14 year old daughter are among more than 5,000 storm survivors FEMA still has in hotels. She's applied with FEMA and a charity group for money to fix their damaged house, but doesn't have any word yet. She says many of the 23 others in their small hotel in tiny Newland, North Carolina, are in the same fix.
Pinky Anderson
It's just gone on too long and we need some help. We are totally forgotten. We're not seen right now.
Jay Price
FEMA officials are trying to find longer term options for those who are displaced. It's put a few dozen so far into mobile units and more than 500 into rental housing. But the area already had a shortage of affordable housing and FEMA is having to offer rent of up to twice the fair market value. For NPR News, I'm Jay Price.
Jeanine Herbst
Ukraine's president has reacted to the Slovak prime minister's statement about a possible winter electricity cutoff for Ukraine. Here's Hannah Palomarenko has more from Kyiv.
Pinky Anderson
Volodymyr Zelenskyy accused Slovakia's prime minister of opening a second energy front against Ukraine on the orders of Russia. Prime Minister Robert Fico said that his country may stop supplying electricity to Ukraine if Kyiv does not agree to resume the transit of Russian gas through its territory. In a statement posted on X, Zelensky emphasized that Ukraine's need for electricity imports arose only because of Russian attacks on Ukrainian thermal and hydroelectric power plants. He also pointed out FISA's decision would deprive Slovakia of $200 million a year. Hanna Polomarenko, NPR News, Kyiv.
Jeanine Herbst
And you're listening to NPR News from Washington. Former Indian Prime Minister Manmohan Singh, who instituted economic reforms, was cremated in New Delhi today after a state fun died this week at the age of 92. The veteran leader, who was considered the architect of India's economic liberalization, was also credited for a landmark nuclear deal with the United States. His body was taken to the headquarters of his Congress party in New Delhi, where party leaders and activists paid tributes to him. Later, he was transported to a crematorium for his last rites as soldiers beat drums. A mild mannered technocrat, Singh was India's Prime Minister for 10 years, until 2014. Many people are still celebrating the holiday season, but it can be a sad time for others. Stephanie Columbini with member station WUSF reports organizations that help kids affected by child abuse are bracing for a spike in reports.
Mike Treper
Mike Treper is with Pasco Kids First, a support agency near Tampa. He says anytime kids are out of structured environments like school, their risk for abuse and neglect rises, where kids are.
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Left sometimes to their own devices, are left with people they don't know or forced to be with so and so, and that person takes advantage.
Mike Treper
He says high stress over the holidays plus communal events could increase the risk of threats. Tre says his agency typically sees a 10 to 20% increase in abuse reports in January. That's when kids return to school and may tell others what's wrong. He says it's critical adults take them seriously. For NPR News, I'm Stephanie Colombini in Tampa.
Jeanine Herbst
And I'm Jeanine Herbst. And you're listening to NPR News from Washington.
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NPR News Now: Episode Summary – December 28, 2024
1. U.S. Approaching Debt Ceiling: Urgent Congressional Action Needed
Timestamp: [00:18]
NPR’s Jeanine Herbst opens the episode with a critical update on the United States' fiscal situation. Treasury Secretary Janet Yellen announced that the U.S. is nearing its debt limit, projected to be reached between January 14 and January 23. In a letter to Congress, Yellen emphasized that without immediate legislative action, the government would be forced to implement "extraordinary measures" to continue meeting its financial obligations. These measures include suspending certain investments to conserve cash, though Yellen did not specify how long these actions could sustain government operations.
Rafael Nam reports that the onus is now on Congress to either raise or suspend the debt ceiling. Analysts suggest that the nation might manage until summer with these measures, but the ultimate resolution depends on the forthcoming Republican-controlled Congress and the incoming administration under President Donald Trump. Failure to address the debt ceiling could result in a catastrophic default on U.S. obligations.
2. Ongoing Recovery Efforts Post-Hurricane Helene in North Carolina
Timestamp: [01:20]
Three months following Hurricane Helene’s devastating impact on western North Carolina, recovery efforts remain sluggish. Jeanine Herbst introduces the segment, followed by Jay Price from WUNC, who highlights the challenges faced by thousands still displaced from their homes. Winter weather has significantly hampered repair work, leaving over 5,000 storm survivors in temporary FEMA accommodations.
Pinky Anderson, a resident from Newland, North Carolina, expresses the frustration and desperation of those affected:
"It's just gone on too long and we need some help. We are totally forgotten. We're not seen right now."
[01:53]
FEMA is actively seeking long-term housing solutions, transitioning some individuals into mobile units and rental housing. However, the region’s existing shortage of affordable housing forces FEMA to offer rents up to twice the fair market value, exacerbating the crisis. Jay Price underscores the urgency of finding sustainable solutions for the displaced population.
3. Tensions Rise Over Winter Electricity Supply to Ukraine
Timestamp: [02:19]
The geopolitical landscape remains tense as Ukraine’s President Volodymyr Zelenskyy responds to Slovak Prime Minister Robert Fico’s warnings of a potential winter electricity cutoff to Ukraine. Hannah Palomarenko reports from Kyiv, detailing the exchange on the social media platform X (formerly Twitter).
Zelenskyy accused Fico of being influenced by Russia:
"Prime Minister Robert Fico has opened a second energy front against Ukraine on the orders of Russia."
[02:29]
Fico has indicated that Slovakia may cease electricity supplies to Ukraine unless Kyiv agrees to recommence the transit of Russian gas through Slovak territory. Zelenskyy emphasized that Ukraine's reliance on electricity imports results solely from Russian assaults on Ukraine’s power infrastructure. He also highlighted the financial repercussions for Slovakia, estimating a loss of $200 million annually due to Fico’s potential decision.
4. Passing of Former Indian Prime Minister Manmohan Singh
Timestamp: [03:12]
In an international update, Jeanine Herbst reports the passing of Manmohan Singh, former Prime Minister of India, who was cremated in New Delhi. Singh, who died at 92, was renowned for instituting significant economic reforms that liberalized India’s economy. He is also lauded for negotiating a landmark nuclear deal with the United States.
Singh’s state funeral saw tributes from Congress party leaders and activists at the party headquarters before his remains were taken to a crematorium, accompanied by ceremonial drumbeats from soldiers. His tenure as Prime Minister, lasting a decade until 2014, left a lasting legacy as a mild-mannered technocrat who played a pivotal role in shaping modern India's economic landscape.
5. Anticipated Surge in Child Abuse Reports During Holiday Season
Timestamp: [04:11]
Stephanie Colombini from WUSF brings attention to a concerning trend as the holiday season approaches. Organizations supporting children affected by abuse anticipate a significant increase in reports during this period. Mike Treper of Pasco Kids First in Tampa explains that disruptions in structured environments, such as school closures, elevate the risk of abuse and neglect.
Treper notes:
"High stress over the holidays plus communal events could increase the risk of threats."
[04:29]
His agency typically experiences a 10 to 20% rise in abuse reports in January, coinciding with children returning to school and becoming more comfortable disclosing their experiences. Treper emphasizes the importance of adults taking these reports seriously to provide the necessary support and intervention for affected children.
Conclusion
This episode of NPR News Now encapsulates pressing national and international issues, from the imminent U.S. debt ceiling crisis and ongoing disaster recovery in North Carolina to geopolitical tensions affecting Ukraine and Slovakia, the passing of a prominent global leader, and the vital concern of child safety during the holidays. Through detailed reporting and poignant quotes, NPR delivers a comprehensive overview of the most urgent stories shaping our world.