Prince Harry was the subject of so many photographs by young, female Capitol Hill staffers during his visit yesterday that London’s Daily Telegraph diagnosed Washington with a case of “Harrymania.” The doctors, nurses and veterans at the Walter Reed Military Medical Center may want to charge up their cameras, as the Harrymania tour continues today with a trip to the hospital. He’ll also visit the Tomb of the Unknown Soldier at Arlington National Cemetery.
Other celebrities in Washington today in include NBA legend Kareem Abdul-Jabbar, who attends a celebration of nation’s oldest reading program at Amidon-Bowen Elementary. MLB Washington Nationals General Manager Mike Rizzo and Center Fielder Denard Span discuss the impact of Jackie Robinson on civil rights, followed by screening of film “42” at Regal Gallery Place Stadium cinema. And Apollo 11 Astronaut Buzz Aldrin discusses his book “Mission to Mars: My Vision for Space Exploration” at the National Press Club.
Meanwhile, business as usual continues in Washington, and by that we mean more gridlock. The Republican-led House plans a vote next week to repeal the 2010 health-care law. Today President Barack Obama will likely explain why he wouldn’t put his signature on legislation to trash the measure that will likely be the most significant achievement of his administration.
With the Postal Service on pace to almost run out of cash in October, Postmaster General Patrick Donahoe may have to decide whether to make unilateral changes without congressional consent, an adviser on the service’s turnaround plan said.
The agency will report quarterly financial results today.
Some good news on budgets: Treasury Secretary Jacob J. Lew says a payment from Fannie Mae means the U.S. debt ceiling won’t be reached until September.
“The one-time payment that Fannie Mae has announced makes it very clear that we’re not going to hit the effective deadline until at least Labor Day,” Lew said in an interview on CNBC Television in London today. “The statutory debt limit will be reached in just a few days” and “because of the extraordinary measures that are available and cash flows that we now can predict it will not be until at least after Labor Day,” which falls on Sept. 2 this year.
The U.S. Chamber of Commerce holds its annual economic briefing today. ADP holds a news conference with Moody’s Analytics Chief Economist Mark Zandi, to announce report on regional and state private sector employment trends. The Treasury Department issues its monthly budget statement.
The House returns for legislative business Tuesday. The Senate returns Monday.