GOP presidential hopeful Mitt Romney says it is possible to cut tax rates without driving the government deeper into the red, and that he can make up for the lost revenue by closing tax loopholes. But analysts have had a hard time testing Romney's claim because he hasn't offered many specifics.
Throughout the government's transitional period, the Egyptian pound remained stable because the government shored it up through foreign reserves. As those reserves reach dangerously low levels, concern is mounting that a major currency devaluation is imminent.
Artists and musicians often take the first hit when the economy takes a turn for the worse. Host Michel Martin speaks with writer Amanda Abrams about one violin maker's struggle to make ends meet in tough times. Abrams chronicles Howard Needham's story in this week's Washington Post Magazine.
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