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Tuesday, November 13, 2012

How The Alternative Minimum Tax Could Slam You

Customers line up at an H&R Block office in Nashville, Tenn., on April 17, the deadline for filing 2011 federal income taxes.

November 13, 2012 The alternative minimum tax is looming over about 27 million more taxpayers this year. It's just one part of the so-called fiscal cliff — a big cluster of automatic spending cuts and tax hikes that will occur if Congress does not act. Those taxpayers could end up paying an average of $3,700 more without a fix.

Summary

Shots - Health News

High-Deductible Health Plans Can Cost Patients A Discount

Health insurance plans that require consumers to pay more in out-of-pocket medical expenses may have hidden costs.

November 13, 2012 KHNPeople hoping to save a few dollars by choosing insurance with low upfront costs may be losing out. Hospitals and other health care providers sometimes fail to apply discounts when individuals, rather than insurers, are paying the bills.

Summary

Sunday, November 11, 2012

Economy

How The Fiscal Cliff Would Hit The Economy

President Obama and House Speaker John Boehner at the White House in July 2011. They are scheduled to meet at the White House again next week to discuss the looming fiscal cliff.

November 11, 2012 From higher payroll taxes to automatic cuts in military spending, the looming budget crisis could drag the economy back into recession and create turmoil in the financial markets, economists say. To better understand what's at stake, have a look at some of the key phrases involved in the crisis.

Summary

Wednesday, November 07, 2012

The Two-Way

Stocks Fall On 'Fiscal Cliff' Fears

On the floor of the New York Stock Exchange this morning.

November 7, 2012 Concerned that the White House and Congress won't be able to agree on how to avoid deep spending cuts and tax increases, many investors sold stocks.

Summary

Tuesday, November 06, 2012
Sunday, November 04, 2012

It's All Politics

Stuck In The Middle (Class) With You

The debate between President Obama and Republican challenger Mitt Romney is seen on a TV in a Korean restaurant Oct. 22 in Los Angeles, Calif.

November 4, 2012 When the presidential candidates speak about the "middle class," they're making a safe bet that you'll think they're talking to you. The middle class doesn't have an economic definition, and Americans of widely varying income levels identify with it. The class-based term seems to have lost its distinction.

Summary

Friday, November 02, 2012

Superstorm Sandy: Before, During And Beyond

Storm Leaves Many Facing Tricky Insurance Process

A tree service worker prepares to remove a giant oak tree limb that fell onto the roof of Charles Edamala's home in Elkins Park, Pa., during Superstorm Sandy.

November 2, 2012 The estimated price tag for Superstorm Sandy could run as high as $50 billion. But homeowners and businesses in the Northeast aren't just dealing with damage from Sandy; they're also dealing with insurance companies. And figuring out what's covered and what's not can get very complicated.

Transcript

On All Things ConsideredPlaylist

Tuesday, October 30, 2012

Intelligence Squared U.S.

Are The Rich Taxed Enough?

Panelists Glenn Hubbard (left) and Arthur Laffer argue for the motion "The Rich Are Taxed Enough."

October 30, 2012 The current tax policy is evaluated on fairness, sufficiency and efficiency in this Intelligence Squared U.S. debate. Among the questions the panelists tackle are: Is the system fair? Does it create enough revenue? And will it promote economic growth?

Summary

ListenPlaylist

Monday, October 29, 2012

Planet Money

Why Economists Love Price Gouging, And Why It's So Rare

Market failure.

October 29, 2012 Like millions of other people, I stocked up on canned food this weekend. Why didn't grocery stores raise prices to take advantage of the pre-hurricane rush?

Summary

Saturday, October 27, 2012

Economy

Bust To Boom: Why Housing Matters, Economically

A construction worker finishes a roof in Chicago on Oct. 12. Signs of recovery in the housing market are springing up nationwide, but there's still a ways to go.

October 27, 2012 The presidential candidates won't let up on their economic talk, but job creation has stolen housing's thunder. Energizing the housing market could drive economic recovery, but a number of economic and political potholes lie ahead.

Transcript

On All Things ConsideredPlaylist

Friday, October 26, 2012

It's All Politics

Why The Economy Won't Help Obama — Or Romney

October 26, 2012 The economy is growing and consumer confidence is rising. But the data are too mixed to point to a robust economy. And it may be too late anyway to change voters' impressions.

Summary

Thursday, October 25, 2012
Wednesday, October 24, 2012

Business

Mortgage Interest Deduction Could Be In Play

About 34 million taxpayers take the mortgage interest deduction, for a typical savings of approximately $600 a year.

October 24, 2012 Both President Obama and Mitt Romney have suggested ways to scale back the deduction's value for wealthy taxpayers. It's one of the keys to helping reduce the federal budget deficit, but the real estate industry says the housing market is too fragile to eliminate the tax break altogether.

Summary

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