Top Morning News 12.06.12
New state arts agency presents strategic plan; Pompeo to talk to reporters about 'Fiscal Cliff'; Medicare open enrollment ends Friday; Hawker Beechcraft close to exiting bankruptcy.
New State Arts Agency Presents Strategic Plan, Hopes To Restore Federal Funds
Leaders in the Wichita arts community yesterday met with the director of the newly formed Kansas Creative Arts Industries Commission, to talk about the organization's strategic plan.
Pompeo To Discuss Negotiations on 'Fiscal Cliff'
Kansas U.S. Representative Mike Pompeo is preparing to discuss the economic consequences of failing to reach a deal on the federal budget and taxes to avoid the fiscal cliff.
The conservative Wichita Republican is planning a telephone conference call Thursday with reporters about negotiations between Congress and President Barack Obama. Pompeo's comments also will come after U.S. House Speaker John Boehner removed fellow Kansan and conservative Republican Tim Huelskamp of Fowler from the House Budget and Agriculture committees. Boehner's spokesperson has cited "a range of factors," but Huelskamp believes he's being punished for bucking GOP leaders.
Medicare Open Enrollment Period Ends Friday
Friday is the deadline for people with Medicare to change their health and drug coverage. Bryan Thompson explains.
Hawker Beechcraft Closer To Bankruptcy Exit
Hawker Beechcraft Corporation is a step closer to exiting bankruptcy after a court ruling approving the company's disclosure statement.
The ruling by the bankruptcy court Wednesday means Hawker Beechcraft can begin soliciting approval of its plan of reorganization from its creditors.
The voting is expected to be completed by January 22. The company says it will seek court approval to exit bankruptcy at a confirmation hearing scheduled for January 31.
Hawker Beechcraft says its reorganization plan is supported by a committee of unsecured creditors and the majority of its creditors.