Originally published on Fri December 7, 2012 12:11 pm
It wouldn't be the worst thing that could happen to the country.
If President Obama and Congress can't come to agreement on new tax and spending policies by the end of year, the U.S. could slip into recession, defense and domestic programs will see damaging cuts, and the American people may become convinced that Washington can't govern the nation.
On the other hand, the lack of a deal would do a lot to help erase the federal deficit.
Originally published on Fri December 7, 2012 11:17 am
The bottom line on the fiscal cliff negotiations on Capitol Hill is that things seem far from resolved. As Politico put it, the last we heard is that White House congressional liaison Rob Nabors went to Capitol Hill to tell lawmakers that President Obama is not budging.
If Congress does not come to an agreement, the country is facing steep spending cuts and tax hikes that economist warn could send the economy back into recession.
Originally published on Fri December 14, 2012 9:14 am
For the first time since his exile in 1967, the leader of Hamas, Khaled Meshal, returned to the Gaza Strip today. He arrived through the border with Egypt, kissing the ground in celebration and as NPR's Philip Reeves reports, Meshal received a hero's welcome as well as military one.
Good morning. I'm Renee Montagne. The publishing industry isn't doing too hot, except Random House, where things got downright steamy this year after it published "Fifty Shades of Grey." That bestselling tale of kinky passion has sold over 60 million copies, which is why Random House employees are now seeing green. The big announcement at the publisher's Christmas party: a $5,000 bonus for every employee, from editors to the mailroom. It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.
The Austrian press reports after his shift in Vienna, the driver was inspecting his bus and found a bag of cash. Stacks of euros worth $500,000. He gave the money to police, and they tracked down the owner, a 77-year-old woman.
Protests in Egypt rage on, despite President Mohammed Morsi's offer in a televised speech last night to meet with his opponents. Demonstrators filled Cairo's streets again today. The opposition in Egypt is confident and they're displaying a newfound unity, something Egypt hasn't seen since the early days of the revolution that ousted Morsi's predecessor, Hosni Mubarak. But as NPR's Soraya Sarhaddi Nelson reports, many question whether this unity will last beyond the ongoing political crisis.