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Frustrations Mount As Greece Waits For Bailout

Greece has pushed itself to the edge of chaos with austerity measures, and Europeans officials say it's still not enough. The Greeks need more European help — $170 billion to avoid default next month.
NPR

Many Jobs May Be Gone With The Wind Energy Credit

The wind power industry in this country has grown fast in recent years, but that could come to a screeching halt if Congress doesn't renew a tax credit that wind farms get for the power they produce. Tens of thousands of jobs now depend on the tax credit, as more wind turbine manufacturers have taken root in the U.S.
WAMU 88.5

Teacher Pension Sharing Being Fought By Maryland Counties

County leaders from across Maryland are pushing back against a plan they say would devastate their budgets and cause layoffs and service cuts.

NPR

Europe Wants Assurances For Latest Greek Bailout

The European Union says Greece has made some progress, but not enough, to merit the new bailout it desperately needs to avoid default and keep the euro as its currency. Now, talk is growing about contingency planning if Greece fails to meet the bailout conditions and defaults.
NPR

Obama's Manufacturing Push Meets Skepticism From Experts

Obama has proposed using the tax code to create incentives for manufacturers to create jobs in the U.S. rather than abroad. Rick Santorum, who is running for the Republican presidential nomination, has also proposed tax-based incentives for manufacturers. But it's worth noting that some economists see risks in politicians and other policymakers making such a big fuss over manufacturing.
NPR

Robert Rubin: Economic Future Is Most 'Uncertain' He's Ever Seen

Former Treasury Secretary Robert Rubin says the U.S. economic outlook is the most "uncertain" he has seen in his lifetime. Given that he was born during the Great Depression and lived through the Cold War, the 1970s' inflation, and a brutal 1980-82 recession, that may be saying a lot.
WAMU 88.5

Alexandria Waterfront Zoning Put On Hold

The Fat Lady has yet to sing for the Alexandria waterfront plan, as the proposal has been put on hold, at least for the time being.

NPR

In-Sourcing Reasons Click For Master Lock

When President Obama visits a Master Lock factory in Milwaukee Wednesday, he's hoping to highlight the manufacturing initiatives in his new budget proposal. U.S. factories are on a mini hiring spree, adding 50,000 jobs last month alone. Some companies, like Master Lock, are even moving work back to the U.S. that had been done overseas.

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