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In Congress, Complicated Fight to Ease AMT Fears
One of the top priorities before Congress adjourns for the holidays is a bill that would prevent more than 20 million middle-class Americans from having to pay the alternative minimum tax in 2008. The Senate recently approved a repair to the rule, but neglected to pay for it with spending cuts.
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Rep. Harman Says She Raised Concerns to CIA
In January 2003, U.S. Rep. Jane Harman (D-CA) took over as the top Democrat on the House Intelligence Committee and, as the ranking member, was briefed in February 2003 on the existence of videotapes of CIA interrogations.
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0:00
Obama, McCain Find Sinatra 'So Easy To Love'
The latest issue of Blender magazine includes a piece titled "White House DJ," which features lists of the top 10 favorite songs of presidential candidates John McCain and Barack Obama. Jonathan Schwartz talks about the candidates' selections, as well as their only commonality: Frank Sinatra.
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For Rapper Drake, It Really Is As Easy As 1, 2, 3
Drake recently released Scary Hours 2, a mini-album with three songs on it, and those songs all debuted in the top-three spots of the Billboard Hot 100. No other artist has ever pulled this off.
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0:25
A Veteran's View Of Biden's Afghanistan Withdrawal Plan
In making that decision to withdraw all troops from Afghanistan by Sept. 11, Biden rejected advice from top military advisors and Pentagon officials.
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10:50
British Man Breaks M&M Stacking Record
While eating M&Ms recently, Will Cutbill tried stacking them on top of each other. He became determined to break the Guinness record. Hours later he did it by stacking five M&Ms.
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0:28
Adm Followup
NPR's Jim Zarroli reports that the Justice Department is trumpeting its $100 million dollar settlement with the Archer Daniels Midland company as the largest penalty ever paid for an antitrust violation. ADM pled guilty to antitrust charges today and said the plea and fine put an end to the government's investigation of the company. Conspicuously absent from the company press release though, was any mention of two top ADM executives. A Justice Department official says the two executives "remain available for prosecution."
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4:10
Congress At Convention
Dozens of members of Congress up for re-election are attending the Republican National Convention this week, and many of them are hoping that the top of the ticket will help out their own campaigns. Many have been fearful that presidential candidate Bob Dole, who has been doing poorly in the polls, might hurt their own re-election chances or the chances of Republicans to retain control of Congress. But the selection of Jack Kemp, a former member of Congress, to be Dole's running mate has given some of these Republicans a boost. NPR's Brian Naylor reports.
Wall Street Fines
NPR's Jim Zarroli reports Wall Street's top brokerage firms agreed to pay nearly $1.5 billion in fines to settle conflict-of-interest charges. Regulators accused the firms of continuing to recommend stocks they privately had turned against. Besides fines, the firms agree to spend several hundred million dollars in coming years buying research from independent firms that don't mix stock research with investment banking.
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4:04
Bush Today
President Elect George W. Bush named two of his top campaign aides to new jobs today, completing the transfer of his "Texas Iron Triangle" from Austin to Washington. Senior strategist Karl Rove will become senior adviser to Bush in the White House, where he will handle public liaison and strategy as well as politics. Joe Allbaugh, who has been Bush's campaign manager, will become the director of the Federal Emergency Management Agency. Don Gonyea reports from Austin.
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