The federal debt is at record levels and growing. States are "grappling with unprecedented fiscal crises," a new report says. And Europe's debt mess threatens the world economy. Some scholars think, like Plato, that democracy is the problem.
The ad, aimed at pressuring Mitt Romney to make public more of his tax history, came as Romney accused the president of funneling taxpayer money to his political buddies, and as a poll showed Americans favoring the president's plan for handling the Bush-era tax cuts over that of his Republican rival.
The cliche "every vote counts" is sure to get a workout this election season. A new report from the National Urban League says the African-American vote could play a critical role in November. Host Michel Martin talks with Chanelle Hardy of the National Urban League and David Bositis of the Joint Center for Political and Economic Studies.
Democrats in the Senate have failed to break a Republican filibuster on a bill that would force non-profit social welfare groups advertising in federal campaigns to disclose their donors. Such groups are keeping GOP presidential challenger Mitt Romney competitive in the TV ad campaign against President Obama..
The campaign rhetoric continues to heat up. On Fox News Monday, GOP presidential candidate Mitt Romney said the Obama campaign was off base in demanding he release more tax returns. Meantime, President Obama traveled to Ohio where he held a town hall meeting with voters.
The Republican presidential candidate says he wants to revive an idea first tried under the Bush administration: the personal re-employment account. Long-term unemployed people would get a lump sum to spend on job retraining and education. The idea was tried in eight states in 2004 and 2005.
Obama tells supporters in Ohio that he deserves credit for the improving economy and that Romney's tax plan would outsource 800,000 jobs. The GOP candidate is headed to the crucial swing state on Wednesday.
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