Benzinga's Political Roundup July 13, 2011

The United States will continued to keep paying interest on government debt if Congress can not reach a deal on the debt ceiling by August 2. Senator Jay Rockefeller is looking into whether News Corp. NWSA to see whether whether the company has broken U.S. law in light of the scandals in Europe. New York Attorney General Eric Schneiderman could potentially challenge the recent $8.5 billion settlement from Bank of America Corp. BAC.