Originally published on Thu November 15, 2012 7:17 am
President Obama continues to insist that any agreement to avoid the so-called fiscal cliff next year must include higher taxes on the wealthy. But Obama left the door open to structuring that tax increase in various ways. He's hoping to strike a bargain with congressional Republicans that would prevent a broader tax hike on the middle class that could send the country back into recession.
House Republicans have released portions of a report on the collapse of MF Global, the commodities firm run by former New Jersey Governor Jon Corzine. The report chastises Corzine for taking excessive risk.
Originally published on Thu November 15, 2012 5:29 am
Along with the news about the Gen. David Petreus scandal, we've been hearing about lavish social events given in the Tampa, Fla., area. A lot of military brass from MacDill Air Force Base, where U.S. Central Command is headquartered, go to these events. Linda Wertheimer talks to Ben Montgomery, a reporter with the Tampa Bay Times, about how the scandal is playing out around Tampa.
New England Compounding Center co-owner Barry Cadden went to Capitol Hill for a congressional hearing Wednesday on the fungal meningitis outbreak. Choosing to take the Fifth Amendment, Cadden did not testify.
A liberal think-tank closely allied with the Obama administration is proposing a health care spending plan it says could save hundreds of billions of dollars in entitlement spending without hurting middle- and low-income patients.
Pharmacy and medical services stores closed in Coney Island.
Credit Reema Khrais / NPR
Michael Liburd was waiting for essential medical supplies to arrive when Hurricane Sandy hit. Now, the delivery company can't find them. He says he's afraid he'll have to go to the hospital if he doesn't get them soon.
In Coney Island, on the southern end of Brooklyn, long lines of EMS trucks and buses of National Guardsmen rolled down the roads this week — trekking from residential building to building.
Since Friday, dozens of troops and officials from the City Health Department have been dropping in at the hardest hit areas of New York, making sure all residents are equipped with the essentials: Do they have food? Water? Do they need medical attention?
Originally published on Wed November 14, 2012 6:46 pm
MELISSA BLOCK, HOST:
From NPR News, this is ALL THINGS CONSIDERED. I'm Melissa Block.
AUDIE CORNISH, HOST:
And I'm Audie Cornish.
As the White House and Congress debate taxes and entitlement reform, an influential liberal think-tank is offering what appears to be an olive branch. It comes at a time when many Democrats are trying to protect entitlements, such as Medicare. At the same time, Republicans say those entitlements are too expensive in their present form.
After President Obama's news conference today, he moved on to a meeting with the CEOs of a number of big corporations to talk about avoiding the fiscal cliff. We're going to talk now with one business leader who has advised the White House in the past, although he was not at today's meeting. Gary Loveman is the CEO of Caesars Entertainment, the worldwide casino company. He's been a member of President Obama's export council, and he's also part of the Fix the Debt campaign. Welcome to the program.
Melissa Block talks with Carol Leonig of the Washington Post about Jill Kelley, the Tampa Bay socialite whose report of threatening emails to the FBI led to the resignation of CIA director David Petraeus. Since the scandal broke, much has been made of Kelley's background: how she came to be close personal friends with Petraeus, Gen. John Allen and other top military officials, the lavish parties she and her husband hosted, and their mounting debt and pending foreclosures on properties they own.
Now, to one place where the fight over the future direction over the Republican Party is playing out - the House of Representatives. A race for the number four House Republican leadership post has taken on broader significance, pitting a conservative congressman from Georgia against a congresswoman from Washington state, who has said the GOP has to become, quote, "more modern." And today, that Washington congresswoman won.
Millions of U.S. families have a recent foreclosure on their record. Typically, that means waiting at least seven years before securing another home loan. But some families say they are having luck buying again — sometimes in as few as three years.