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Dec 28, 2012

Marketplace Morning Report for Friday, December 28, 2012

While there may still be hope for a fiscal cliff agreement, and that could prevent income taxes from going up for many Americans. But we are still likely to lose the payroll tax — that extra money in your paycheck that was put in to stimulate the economy. This year’s drought is hurting more than farmers. The Mississippi River is at its lowest level in decades. It’s so bad that the U.S. Army Corps of Engineers is fighting to keep barge traffic moving. And, we look ahead to what the labor market will be like in 2013.

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While there may still be hope for a fiscal cliff agreement, and that could prevent income taxes from going up for many Americans. But we are still likely to lose the payroll tax — that extra money in your paycheck that was put in to stimulate the economy. This year’s drought is hurting more than farmers. The Mississippi River is at its lowest level in decades. It’s so bad that the U.S. Army Corps of Engineers is fighting to keep barge traffic moving. And, we look ahead to what the labor market will be like in 2013.

Marketplace Morning Report for Friday, December 28, 2012