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NPR

The Phantom Tax That Made The Deficit Look Better

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.
NPR

Transocean To Pay $1.4 Billion In Gulf Oil Spill Settlement

The owner of the Deepwater Horizon rig where 11 men died in April 2010 has agreed to pay criminal and civil penalties to resolve Justice Department allegations over its role in the Gulf of Mexico oil spill.
NPR

FTC Closes Google Inquiry; Tech Giant Makes Changes And Avoids Antitrust Charges

Google has agreed to change some of its business practices, in an agreement made with the Federal Trade Commission that will end the U.S. agency's antitrust probe of the search and technology company.
NPR

Will Congress Get Along In 2013?

A new Congress takes office today, after a nail-biting end to the last term. There were reports of choice words from House Speaker John Boehner to Senate Majority Leader Harry Reid, but Congress came together on a budget agreement. Guest host Celeste Headlee asks how congressional deals are made, and what to expect from the freshman class.
WAMU 88.5

A Mom-And-Pop Pharmacy Celebrates 100 Years In Georgetown

Morgan's Pharmacy recently celebrated its 100th anniversary. We pay a visit to see how the local Mom-and-Pop institution is still getting by in an era dominated by chain drug stores.

NPR

Layoffs Have Slowed, Hiring Has Picked Up, But Jobless Claims Are Higher

Last year, American companies announced the fewest number of layoffs for any year since 1997. That's good news. In December, they added on 215,000 workers, according to a new survey. That's good news too. But last week more people filed first-time claims for unemployment insurance.
NPR

Was Boehner's Fiscal Cliff End Run Past GOP The New Normal?

By letting the House take up the Senate's fiscal cliff-dodging legislation that raises income tax rates on the wealthiest earners, Speaker John Boehner answered affirmatively a question that had been on many minds: Would he allow an up-or-down floor vote on a bill opposed by most fellow House Republicans?
NPR

Mackinac Island Worries About Preserving Its Past

Michigan's Mackinac Island was fought over by France, England and the United States. The 200-year-old city in northern Lake Huron is a popular tourist destination. But the demolition of old buildings has raised a fierce debate about how to hold onto the past while profiting from it.
NPR

Farmers Frustrated By Farm Bill Extension

Farmers and ranchers across the country expected to start 2013 with a new farm bill, the legislation setting agricultural policy for the next five years. But the new farm bill got scrapped after more than a year of work when Congress passed the "fiscal cliff" deal.

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