Marketplace Morning Report for Monday, March 5, 2012

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President Obama has proposed giving the IRS an 8 percent budget boost in the hopes of bringing in more revenue to the government. We're just a day away from Super Tuesday, when voters in 10 states will choose who they want the Republican presidential nominee to be. The city of St. Louis is trying to get control of its police department back from the state of Missouri. And today, the L.A. Times will follow in the footsteps of the New York Times and Wall Street Journal by starting to charge to access some of the paper online.

Georgia voters prep for primary, focus on economy

Voters in 10 states will have their say tomorrow in the Republican presidential race. Among them: Georgia, where a number of economic issues are at play in who wins the primary there.
Posted In: Georgia, republican primaries

Iceland's former prime minister goes on trial

One of the first places to be hit hard by the 2008 financial crisis was Iceland. The country's three main banks collapsed, ushering in hard times for the island nation, and sending monetary shockwaves across Europe.
Posted In: Iceland, financial crisis

BP plans to move forward after settlement

The big oil company BP has settled with thousands of Gulf Coast residents and businesses for their economic losses and medical claims from its massive 2010 oil spill -- to the tune of $7.8 billion.
Posted In: BP, Oil, settlement, deep water drilling

China's slowing growth rate not meeting expectations

Premier Wen Jiabao of China announced that growth would be only 7.5 percent, a number that falls below what is considered a critical growth rate for keeping the Chinese population happy.
Posted In: China, economic growth, export

Rush Limbaugh loses advertisers over comments

Over the weekend, conservative talk-radio host Rush Limbaugh publicly apologized for the language he's been using to attack a Georgetown law student.
Posted In: Rush Limbaugh, radio, media

Former PM of Iceland faces charges over financial crisis

Iceland suffered a total financial collapse back in 2008. Today, the country's former prime minister goes on trial for his role in it.
Posted In: Iceland, financial crisis

Chinese government lowers growth forecast for year

In China today, the government lowered the country's growth forecast for the year to 7.5 percent. That's the first target under 8 percent since 2005.
Posted In: China, economic growth

Comedian Marc Maron on the Limbaugh controversy

The comedian on Rush Limbaugh losing his Pro Flowers sponsorship and the effect on free speech that sponsors may wield.
Posted In: Rush Limbaugh, advertising, podcasting

PODCAST: China's predicted growth, BP's big settlement

President Obama has proposed giving the IRS an 8 percent budget boost in the hopes of bringing in more revenue to the government. We're just a day away from Super Tuesday, when voters in 10 states will choose who they want the Republican presidential nominee to be. The city of St. Louis is trying to get control of its police department back from the state of Missouri. And today, the L.A. Times will follow in the footsteps of the New York Times and Wall Street Journal by starting to charge to access some of the paper online.

The American road trip's modern appeal

25 percent of men and 33 percent of women want to drive across the country at least once in their lifetime.
Posted In: Travel, car, travel costs

President Obama hopes to boost IRS budget, tax revenue

We're less than six weeks away from tax day, and this year the IRS is gonna have to do more with less when it comes to processing all those returns. President Obama hopes to change that.
Posted In: Taxes, IRS, federal budget

St. Louis wants control of its police force back

The city is trying to go back in history, and reclaim control of its namesake law enforcement agency. You see, it's actually run by the state, and supporters claim that's "taxation without representation."
Posted In: St. Louis, missouri, police

Los Angeles Times begins charging for online content

The newspaper is following a national trend by instituting a so-called pay wall to read online content. But there is no guarantee the move will work as well in Los Angeles as it has for the New York Times and Wall Street Journal.
Posted In: media, paywalls, los angeles, newspaper

Super Tuesday states face serious economic issues

The GOP candidates have focused on social issues. But in many of the ten Super Tuesday states like Ohio, voters may be more interested to hear their plans to solve some serious economic problems.
Posted In: Super Tuesday, Ohio

Music from this show

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Brace Yourself Jason
u-Ziq
Souvlaki Space Station
Slowdive
Love Cry
Four Tet
I'm Afraid Of Dying...Aren't You?? (Non-Album Track)
The Flaming Lips
In Heat (Javelin Rmx)
Health

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