5 Things To Know This Morning

Aug. 2, 2012 — -- Your look at the five biggest and most buzz-worthy stories of the morning.

1. House GOP Extends Bush Tax Cuts
House Republicans passed a bill extending tax cuts due to expire December 31. The plan would renew a package of Bush era tax cuts when they expire at the end of this year. President Obama has promised to veto the bill.

2. Obama Supports Syrian Opposition
President Obama has secretly authorized support to Syrian opposition, stopping short of arming rebels. This comes at a time when al-Qaeda is making an effort to assist Syrian rebels.

3. Toyota Recalls RAV 4 SUVs
Toyota has recalled more than 700,000 RAV 4 SUVs to fix problems in their rear suspension.

4. Tropical Depression Gaining Strength
A tropical depression developing in the Atlantic is expected to gain strength over the next few days and could enter the Gulf of Mexico as a hurricane next week. At this point, there is minimal threat to US soil.

5. Franklin Wins Second Gold Medal
High school senior Missy Franklin won her second gold medal for Team USA in the 4X200 meter freestyle and Rebecca Soni broke the world record for the 200 meter breaststroke, swimming it in 2 minutes and 20 seconds in the semifinals.