NPR News

The U.S. House of Representatives will likely vote today to disapprove of raising the debt ceiling by $1.2 trillion. If you remember, the last time a vote of this kind went down, it was a dramatic showdown that rattled markets and was cited as one of the prime reasons S&P downgraded the United States' debt rating.

Today's vote however will be symbolic. The debt ceiling will likely be raised no matter how Congress votes.

Our Newscast desk spoke to NPR's Andrea Seabrook, who explained the vote like this:

Five days after a cruise liner slammed into rocks off Italy's Tuscan coast, the country is gripped by the contrasting profiles of two key figures in the drama — the captain charged with abandoning ship and the captain who demanded he get back onboard.

For many Italians, the accident has become a metaphor for a country that sees itself mired in economic and moral decline.

Francesco Schettino, the disgraced captain of the 1,000-foot-long floating palace known as the Costa Concordia, is under house arrest on suspicion of multiple manslaughter, shipwreck and abandoning ship.

We saw stories earlier this week about a man who was lost for two nights in Mount Rainier National Park over the weekend, but survived in part because he burned the money he was carrying to keep warm as a blizzard blew through the area.

But a critical question wasn't answered until today. — how much money went up in flames?

Countering Mitt Romney's announcement that he paid 15 percent in taxes, Newt Gingrich said his bill came to 31 percent, more than most Americans pay and closer to the top rate of 35 percent.

The AP reports that Gingrich was careful not to criticize Romney for paying a lower tax rate than most Americans.

"My goal is not to raise Mitt Romney's taxes, but to let everyone pay Romney's rate," he said according to the AP.