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Feb 13, 2012

Marketplace Index for Monday, February 13, 2012

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In a city where political gridlock rules, especially in an election year, consider the President's budget more of a rough sketch. It's high on money for schools and infrastructure. It tries to cut the deficit by $4 trillion over ten years. It also favors higher taxes on corporations and the wealthiest of Americans. Karen Shaw Petrou of Federal Financial Analytics in Washington wishes the budget wasn't so easy for congress to dismiss as election year pandering. "It should be taken seriously," she tells us. And the Daily Pulse is down on news unemployment among America’s vets is hovering at a stifling 13 percent.

Segments From this episode

$3.8 trillion budget released

Feb 13, 2012
President Obama has published his multi-trillion-dollar budget. Despite it being an election year, Karen Shaw Petrou thinks we should take it seriously.

Getting vets working again

Feb 13, 2012
With employment at 13 percent for U.S. veterans, big companies are starting initiatives to get them back to work in civilian life.

In a city where political gridlock rules, especially in an election year, consider the President’s budget more of a rough sketch. It’s high on money for schools and infrastructure. It tries to cut the deficit by $4 trillion over ten years. It also favors higher taxes on corporations and the wealthiest of Americans. Karen Shaw Petrou of Federal Financial Analytics in Washington wishes the budget wasn’t so easy for congress to dismiss as election year pandering. “It should be taken seriously,” she tells us. And the Daily Pulse is down on news unemployment among America’s vets is hovering at a stifling 13 percent.