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In Fiscal Cliff Talks, Higher Taxes Vs. Closing Loopholes
The White House and Congress continue to work on a deal that avoids the fiscal cliff and cuts deficits in the long run. President Obama wants to raise tax rates for the wealthy. Republicans want to raise revenue by closing loopholes and limiting deductions for high-income people. But could that raise enough money?
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•
4:03
The Giant Book That Creates And Destroys Entire Industries
The book lists the tax that importers have to pay on approximately every single thing in the universe — and raises a key question about the Planet Money T-shirt.
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•
5:20
States' Rebellion Against Food Stamp Cuts Grows
Congress planned to shave $8.6 billion from the food stamps program by closing a loophole, cutting benefits to 850,000 households. But it left states an out to avoid the cuts, and many are taking it.
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•
3:46
'Cliff' Deal Would End Payroll Tax Holiday
As part of the "fiscal cliff" deal moving through Congress, a two-year-old payroll tax holiday comes to an end. Under the tax holiday, the 6.2 percent payroll tax was cut to 4.2 percent for all American workers. NPR's John Ydstie talks about what the change will mean for employees and the economy.
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•
3:50
Documents Show Trump Pressed DOJ Officials To Reverse Election Results
House Democrats are uncovering evidence of ex-President Donald Trump's extensive pressure campaign to overturn 2020's election results. A House panel released 232 pages of emails and other documents.
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•
3:48
4 states held primaries — with key races in Nevada and South Carolina
Nevada is shaping up to be a crucial general election battleground. South Carolina's congressional races were the latest test of Donald Trump's influence on the GOP. He earned a split decision there.
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•
3:34
Democrats on Capitol Hill fail on voting rights but win the release of Trump files
Democrats' voting rights effort was blocked in the Senate, but they did get a victory at the Supreme Court — in the quest for Trump White House records related to the Jan. 6 insurrection.
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3:59
Rupert Murdoch knew Fox News stars were endorsing 2020 election lies, he says
Rupert Murdoch said he knew Fox News stars were endorsing lies about the 2020 elections in Dominion Voting Systems' defamation suit against Fox for $1.6 billion.
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3:35
Rupert Murdoch is under scrutiny for his media empire. It's far from the first time
Rupert Murdoch is in the headlines again, this time because of a lawsuit over Fox News' coverage of the 2020 election. It's not the only legal battle happening right now.
Tesla's profits soared to a record – but challenges are mounting
The company has seen its share value drop sharply, and rivals are edging into the electric vehicle market. But after doubling its profits in a year, Tesla says it has no plans to slow down.
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