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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.

Housing Starts Have Been Singing The Blues

An uptick in hiring is leading to more optimism about the economy. But housing remains stuck in a funk. New figures on housing starts are released Thursday. Morning Edition has a musical preview in this Planet Money report.

Debt Crisis Riots Take A Toll On Greece's Aesthetics

The Greece debt crisis has forced the country to look to the eurozone for a bailout. But Greece is looking less and less like part of Europe. In the capital Athens, they are still cleaning up from the weekend riots. Even in its tourist precincts, the area is shabby and covered with graffiti.

Congress May Skip Payroll Tax Showdown This Time

Congress appears to have avoided another fight over the payroll tax reduction that has been pumping billions of dollars back into the economy. There may even be a deal ahead on jobless benefits and payments to Medicare doctors. Those issues had Congress in knots back in December.
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Obama's Budget Holds Good News For Virginia, Maryland

Lawmakers in Virginia and Maryland have found gleaned some good economic news from President Obama's 2013 budget proposal, pending Congressional approval of course.

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O'Malley Finally Unveils Plan To Increase Tax On Gas

Maryland governor Martin O'Malley formally unveiled his plan for a gas tax to fund transportation projects -- it would hit drivers for two percent extra a year for three straight years.


White House Official Cecilia Munoz On Budget Plan

President Obama's $3.8 trillion budget proposal calls for spending cuts and ambitious increases in education and transportation. But critics say it is nothing more than a re-election tactic. Host Michel Martin speaks with Cecilia Munoz, Director of the Domestic Policy Council.

Can Congress Ever Restore Payroll Taxes To Their Usual Levels?

What was once considered a normal rate will now be considered a tax hike. Reverting to the status quo is now politically dicey. That could affect Social Security's financing over the long haul.