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Wednesday, January 30, 2013

Economy

Study: Nearly Half In U.S. Lack Financial Safety Net

Nearly 44 percent of Americans don't have enough savings or other liquid assets to stay out of poverty for more than three months if they lose their income, according to the Corporation for Enterprise Development.

January 30, 2013 In his inaugural address, President Obama envisioned a nation where even "the poorest child knows she has the same chance to succeed as anyone else." But a new report finds that 44 percent of Americans do not have the savings to cover basic expenses for three months if they lose their income.

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On Morning EditionPlaylist

Tuesday, January 29, 2013
Sunday, January 27, 2013

It's All Politics

The GOP And Taxes: In The States, It Can Get Complicated

Indiana Gov. Mike Pence delivers his State of the State address to a joint session of the Legislature in Indianapolis on Tuesday.

January 27, 2013 Republican Mike Pence just began his term as Indiana governor with a plan to cut the state income tax rate, joining Louisiana's Bobby Jindal, Wisconsin's Scott Walker, Nebraska's Dave Heineman and other GOP governors in pushing for similar plans. But some Republican state legislators aren't convinced.

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Saturday, January 19, 2013

Simon Says

A Thought That's Worth More Than A Penny (Or A Nickel)

It costs more than a penny to make a penny, and more than a dime to make a nickel. Would it make better business sense to simply round up?

January 19, 2013 With candy bars or a pack of gum costing a dollar or more these days, perhaps it's time to get rid of pennies and nickels altogether. The problem, NPR's Scott Simon says, is picking which historic profiles should get the boot.

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On Weekend Edition SaturdayPlaylist

Wednesday, January 16, 2013

The Salt

Whole Foods Founder John Mackey On Fascism And 'Conscious Capitalism'

Whole Foods has more than 300 stores and continues to expand.

January 16, 2013 The outspoken Whole Foods founder tells us why he hates "Obamacare" and why we have trouble cutting the sugar, fat and salt out of our diets. But now he's told CBS he used a poor choice of words when referring to the health law as fascism.

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On Morning EditionPlaylist

Tuesday, January 15, 2013
Saturday, January 12, 2013

U.S.

The 'Second Disaster': Making Well-Intentioned Donations Useful

Thousands of food and clothing items are organized by Occupy Sandy volunteers in a school gymnasium in Rockaway Park, Queens, after Superstorm Sandy in November.

January 12, 2013 After a crisis, not all of the help that's given is necessary: People send stuffed animals when they should be sending diapers. New ways of managing donations are now getting the appropriate help to the right people.

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On Weekend Edition SaturdayPlaylist

Thursday, January 10, 2013

Economy

Three New 'Cliffs' Threaten The Economy

Traders work on the floor of the New York Stock Exchange Jan. 2. Financial market participants will be keeping a close eye on upcoming deadlines affecting the U.S. debt ceiling, scheduled automatic budget cuts and federal funding.

January 10, 2013 Three more fiscal cliff-type deadlines are fast approaching. They involve: 1) raising the debt ceiling 2) imposing automatic spending cuts and 3) funding the federal government to avert a partial shutdown.

Summary

Crisis In The Housing Market

New Mortgage Rules Would Limit Risky Lending

New federal mortgage rules come at a time when regulators and banks are trying to find a middle ground between overly lax and overly tight lending standards.

January 10, 2013 The Consumer Financial Protection Bureau's new rules that are scheduled to be released Thursday come at a time when regulators and banks are trying to find a middle ground between overly lax and overly tight lending standards. The rules will go into effect next January.

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On Morning EditionPlaylist

Wednesday, January 09, 2013
Tuesday, January 08, 2013

Havens Are Turning Hellish For Tax Avoiders

A man enters a UBS bank in Hong Kong last month. The Swiss banking giant agreed in 2009 to identify the names of its U.S. account holders, part of a push by banking regulators to make it harder to hide income.

January 8, 2013 The U.S. and other countries are cracking down on banks that are known to help clients hide their assets, and the international push is beginning to have a major effect.

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Thursday, January 03, 2013

U.S.

The Phantom Tax That Made The Deficit Look Better

The alternative minimum tax created a "useful fiction," as one analyst says, by appearing to shrink budget deficits.

January 3, 2013 Congress finally made a permanent fix to the alternative minimum tax, which threatened to boost the tax bills of millions of Americans each year. But the AMT also created a "useful fiction," as one analyst says, by appearing to shrink future budget deficits.

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Tuesday, January 01, 2013

The Two-Way

Inside The Fiscal Cliff Budget Compromise Bill: Tax Cuts and Tax Hikes

January 1, 2013 The Senate-approved budget compromise that is meant to allow the U.S. government to avoid higher tax rates and austere budget cuts has tax rates as its central issue. We list some of the bill's effects, from tax credits to rising rates.

Summary

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