By letting the House take up the Senate's fiscal cliff-dodging legislation that raises income tax rates on the wealthiest earners, Speaker John Boehner answered affirmatively a question that had been on many minds: Would he allow an up-or-down floor vote on a bill opposed by most fellow House Republicans?
Until the New Year's Day vote, Boehner had generally operated the House under what was known as the Hastert Rule. Named for former Speaker Dennis Hastert, it required a "majority of the majority" to support legislation before the speaker approved a floor vote.
Originally published on Thu January 3, 2013 6:47 am
By Peter Payette
Michigan's Mackinac Island was fought over by France, England and the United States. The 200-year-old city in northern Lake Huron is a popular tourist destination. But the demolition of old buildings has raised a fierce debate about how to hold onto the past while profiting from it.
Originally published on Thu January 3, 2013 6:49 am
By editor
The acquisition gives Al Jazeera, which is financed by the Qatari government, access to an American TV audience. The new channel, Al Jazeera America, will be based in New York. Current TV was founded in 2004 by former Vice President Al Gore.
Originally published on Thu January 3, 2013 7:28 am
By editor
The credit-ratings agency Moody's said this weeks' deficit reduction deal did not produce "meaningful improvement" to the issue at hand. That issue: the debt burden and economic output. Moody's warned that if improvements were not made, the agency could downgrade the U.S. credit rating.
Originally published on Thu January 3, 2013 7:35 am
By editor
The Bank of Canada released the high-tech bills in 2011. The goal was to make the money indestructible. But some Canadians who have their hands on the banknotes say the plastic bills melt when subjected to extreme heat. Publicly, the Bank of Canada isn't confirming the flaw.
Originally published on Thu January 3, 2013 6:50 am
By editor
On Friday, new unemployment numbers will be released for December. In last month's report, the unemployment rate dropped to 7.7 percent, a four-year low. For a preview of the labor market prospects for the new year, Steve Inskeep talks to Nariman Behravesh, chief economist at IHS Global Insight, an international consulting firm.
Throughout the fiscal cliff drama, business leaders pressed Washington for a deal. But the limited nature of the bill that passed is unlikely to make many business leaders happy.
From NPR News, it's ALL THINGS CONSIDERED. I'm Audie Cornish.
ROBERT SIEGEL, HOST:
I'm Robert Siegel. And here's a case of an old business colossus buying up a scrappy innovator. Avis, the traditional car rental company, is buying Zipcar for $500 million. Zipcar is the car-sharing company with the slogan: Wheels when you want them. NPR's Jim Zarroli reports the deal illustrates how car sharing is reshaping the rental business and drawing in a new demographic.