Marketplace for Thursday, Oct. 25, 2007
Europe spends considerably less on defense than the United States does. And when Europeans do spend, says commentator David Frum, it's not always very wisely.
Posted In: Taxes
The Democratic chairman of the House Ways and Means Committee, Charles Rangel, has introduced a tax-reform bill that would lower taxes for 91 million families and overhaul the entire tax code to the tune of almost a trillion dollars. Steve Henn reports.
Posted In: Housing
Congressional Democrats have issued an economic report on the mortgage meltdown and called for the Bush administration to prevent 2 million foreclosures in the next two years. But not all economists agree with the fine print. Jill Barshay reports.
The United States has announced new economic pressures on Iran, with sanctions on banks, companies and military units. But, John Dimsdale reports, the White House can't go it alone in making the sanctions work.