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Economy To Slow This Year As The Government Tightens, CBO Says

While the economy will benefit from continued improvement in "underlying" conditions, the federal government's push to tighten its spending will slow overall growth in 2013, the Congressional Budget Office projects.

In an updated "Budget and Economic Outlook" reported released Tuesday afternoon, the agency forecasts:

-- 1.4 percent growth in gross domestic product this year, vs. 2.3 percent in 2012.

-- 2.6 percent growth in 2014.

-- 4.1 percent growth in 2015.

Meanwhile, the unemployment rate won't come down much:

-- It's expected to average 7.9 percent this year, vs. 8.1 percent in 2012.

-- 7.8 percent in 2013.

-- 7.1 percent in 2015.

As we reported earlier, the CBO's projections and the threat deep spending cuts could pose to the economy are among the reasons President Obama today urged Congress to pass a smaller package of spending reductions and tax changes that would take effect before the automatic "sequestration" takes effect on March 1.

Copyright 2013 NPR. To see more, visit http://www.npr.org/.

WAMU 88.5

Remains In Jamestown Linked To Early Colonial Leaders

Scientists from the Smithsonian's National Museum of Natural History and The Jamestown Rediscovery Foundation say they've identified four men buried in the earliest English church in America.
WAMU 88.5

The Democracy Of The Diner

Whether the decor is faux '50s silver and neon or authentic greasy spoon, diners are classic Americana, down to the familiar menu items. Rich, poor, black, white--all rub shoulders in the vinyl booths and at formica counters. We explore the enduring appeal and nostalgia of the diner.

WAMU 88.5

D.C. Council Member David Grosso

D.C. Council Member and Chair of the Committee on Education David Grosso joins us to discuss local public policy issues, including the challenges facing D.C. Public Schools.

NPR

Twitter Faces Challenges As It tries To Balance Profitability, Popularity

The social network Twitter is popular with users, but that's not enough. It also needs to be profitable, and by its 140-character nature that's a challenge.

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