Congress could settle on a two month extension

Dec 16, 2011
Long-term budget issues in Washington are yet to be resolved, but it is likely that leaders will settle on a temporary two month extension of the payroll tax cuts.

A step backward on energy-efficient lighting

Dec 16, 2011
After industry agreed to the terms of making more efficient light bulbs widely available, Congress has back tracked on enforcing the law.

PODCAST: Austerity for the holidays

Dec 16, 2011
Congress reaches a deal to avoid a government shutdown -- and it hinges around light bulbs. Retired Americans are no longer shipping off to Florida when they are done working. On the front lines of the European debt crisis, Italy passes austerity measures proposed by new Prime Minister Mario Monti.
If the House of Representatives fails to approve a two month extension of the payroll tax cut, the government may soon be out of options.
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Budget deal: Keep incandescent light bulbs on a little longer

Dec 16, 2011
A deal to avoid government shutdown was reached in Washington yesterday, but one of the provisions of the deal means that new laws surrounding light bulbs won't be enforced for the time being.

Leaders in Washington to vote on a temporary spending deal

Dec 16, 2011
Lawmakers are on track to agree to a temporary budget deal ahead of tonight's midnight deadline.

Shutdown averted, Congress weighs stimulus

Dec 16, 2011
Now that Congress has averted a government shutdown, it takes up the extension of the payroll tax cut and long-term unemployment benefits

R & D tax cut could expire

Dec 15, 2011
The budget debate in Washington has put a lot of programs in danger, including those that depend on research and development tax cuts to innovate.

For public good, not for profit.

Bipartisan Medicare deal proposed in Washington

Dec 15, 2011
This morning, a right-wing Republican and left-wing Democrat have announced a plan to reform Medicare that may -- that may -- put policy over politics.

Weekly jobless numbers hit three year low

Dec 15, 2011
The number of Americans filing new unemployment claims this week has fallen to the lowest point since May of 2008 -- and it isn't just holiday retail hiring causing the shift.

PODCAST: Shed your tie for Mother Earth, Will Ferrell's beer of choice

Dec 15, 2011
With the Iowa caucuses just a few weeks out, we take at closer look at the economic policies of Republican candidate Newt Gingrich. Federal student aid programs could be on the chopping block. Russia is about to get its invitation to join the World Trade Organization as ministers from the group's 153 members meet in Geneva. And our weekly Attitude Check, part of our partnership with Gallup, looks at how Americans feel about the crisis in Europe.
There is a new plan to help save the planet and prevent global warming... by taking off your tie.
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