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Alex Wong/Getty Images
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House Panel Backs $642 Billion Defense Bill

WASHINGTON (AP) ā€” A House panel has backed a $642 billion defense bill that adds billions more to President Barack Obama's budget in addition to projects the Pentagon doesn't want.

The Armed Services Committee vote Thursday morning was 56-5

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Mario Tama/Getty Images
Mario Tama/Getty Images
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Corzine Blames Predecessors For MF Global’s Fall

WASHINGTON (AP) ā€” Jon Corzine will tell a House panel Thursday that he doesn't know the location of client money that went missing when MF Global failed. And he will argue that he inherited a firm doomed by his predecessors' bad financial decisions

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