Economy

What The White House Wants In Tax Overhaul

10:24am December 07, 2017

The White House is making a push for the Republican tax overhaul effort. Rachel Martin talks with Marc Short, White House director of legislative affairs and deputy assistant to the president.

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Members of the College Republican National Committee demonstrated against the estate tax in Washington in 2006. The tax was eliminated in 2010 but was reinstated a year later.

As GOP Lawmakers Eye Cutting Estate Tax, Will They Increase Income Inequality?

10:24am December 07, 2017

by Jim Zarroli

As Republicans prepare to pass their massive tax overhaul, they are planning to lessen, or even eliminate, the estate tax. Critics say the tax plays an important role in making the economy fair.

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Economy

Bitcoin's Rising Value Could Be Good News, But Might Not

7:56pm December 06, 2017

by Uri Berliner

The price of Bitcoin has skyrocketed more than 1,200 percent this year. That's got people talking about the digital currency and wondering why it has climbed so high and whether its rise is a bubble which will burst.

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Economy

Krispy Kreme To Lay Off 90 Workers As Part Of Transition

7:39pm December 06, 2017

by Paul Garber

A landmark Winston-Salem company is laying off part of its workforce.

Economy

Loopholes And Deficits

3:44pm December 06, 2017

Republicans have been complaining about deficits forever. This was their big chance to do something. Why didn't they?

A row of chimneys stand in a neighborhood devastated by a wildfire on Oct. 13, 2017, near Santa Rosa, Calif. Massive wildfires swept through Northern California two months ago, destroying thousands of homes and businesses.

Wildfires Exacerbate Chronic Homelessness In Northern California

2:36pm December 06, 2017

by Samantha Raphelson

Residents who lost homes in the wildfires two months ago are adding to the chronic homelessness problem in the city of Santa Rosa, where more than 3,000 people were already living on the streets.

Will The Tax Plan Put More Money In My Pocket?

2:11pm December 06, 2017

It goes beyond a change to your paycheck.

Construction workers at a site in Miami. Thousands of construction workers in the U.S. face the elimination of their temporary protected status and the prospect of deportation.

Ending Temporary Protection For Foreign Workers Could Hurt U.S. Rebuilding Efforts

12:47pm December 06, 2017

by Yuki Noguchi

If the U.S. ends temporary protected status for 300,000 Caribbean and Central American workers, there are fears it will have ripple effects — especially on post-hurricane construction.

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Senate Majority Leader Mitch McConnell talks with reporters after leaving a news conference on the tax overhaul in the Dirksen Senate Office Building on Capitol Hill.

Are GOP Senators Wiping Out Tax Breaks For Corporations?

12:17pm December 06, 2017

by Danielle Kurtzleben

A contradiction in the Senate tax bill appears to weaken some of the very benefits it was introducing for big businesses. But it might not last as lawmakers work out a final bill.

A woman pushes her cart full of belongings along the street past tents on the sidewalk near skid row in downtown Los Angeles in June.

Homeless Population Rises, Driven By West Coast Affordable-Housing Crisis

10:23am December 06, 2017

by Pam Fessler

It's the first time the number of homeless people has grown since 2010. In Los Angeles, homelessness is up by nearly 26 percent, fueled by high housing prices.