European leaders are considering a major step toward ending the region's debt crisis. They hope that by agreeing to tougher penalties for countries that break budget rules, they can entice the European Central Bank to do more to stem the crisis. But are countries willing to give up control of their budgets to preserve the eurozone?
Gene Sperling, head of the president's National Economic Council, talks to Steve Inskee about extending the payroll tax cut. The Obama administration is pushing Congress to extend the cut before it expires at the end of the year. Republicans are expected to vote no because it calls for a tax on the wealthy.
At a high school in Scranton, Pa., Wednesday, President Obama exhorted Republicans in Congress to extend the pay roll tax cut. He said putting money in the pockets of working people is more important than partisan politics.
The roller-coaster ride for one Seattle startup continues. One co-founder has left, the company may have to change its name, and the entrepreneurs have raised far less money than they had hoped. Despite all that, the team isn't giving up.
The unemployment rate for vets who served since September 2001 is higher than the overall U.S. rate. Though veteran unemployment was the subject of a recently passed bill, one veterans advocate says he worries that as Americans grow weary of hearing about war, Congress will also stop paying attention.
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