Marketplace PM for November 18, 2005
In today's early morning hours, Congress managed to push the federal budget rock a forward a bit. The House narrowly passed budget cuts while the Senate trimmed taxes. The net effect on the deficit? Hillary Wicai reports.
Whose unenviable job is it to keep track of what the government is doing with its money? His name is David Walker, and Kai Ryssdal asked him to explain how things are going, fiscally speaking.
The Detroit News reports that GM, whose shares hit new lows this week, will announce a series of plant closures before Thanksgiving. Word is, they could eliminate at least 25,000 jobs. Alisa Roth has more.
Here we go again. A New York woman is suing Dunkin' Donuts, saying she suffered second- and third-degree burns when her coffee tray fell over. And she's asking for $15 million. Amy Scott reports.
The president, who lands in China tomorrow, criticized the Chinese government in a speech on Wednesday. Kai Ryssdal asked Beijing bureau chief Jocelyn Ford about the speech... and the Chinese response to it.
Commentator Chris Wiseman says that when it comes to the expectations we have about the Gulf Coast's recovery, Congress and the president are leaving out something important that we need to hear.