Anne-Marie Slaughter had been the director of policy planning for the State Department for two years — commuting from Princeton, N.J., where her family lived, to Washington, D.C., where the job was — when she realized something had to give.
"It was a fabulous job, but at the end of two years I simply had to recognize that I needed to be at home," Slaughter tells Morning Edition's Renee Montagne. Moreover, she adds, "I wanted to be at home, and there was no way to do that and to do the kind of job that Secretary Clinton needed me to do."
Federal workers say they don't have much to celebrate these days.
Furloughs began in April, exacerbating already low morale for many government agencies as budgets have tightened. Downsizing has meant more work for those who remain, and talk of further cuts has many worried about job security. This year is also the third that federal workers haven't received a pay increase, contributing to discontent.
On July 21, 2010, President Obama signed into law the Wall Street Reform and Consumer Protection Act, commonly known as the Dodd-Frank bill. Reporter Gary Rivlin says "the passage of Dodd-Frank was something of a miracle." But to the chief lobbyist for the Financial Services Roundtable, a lobbying group that represents 100 of the country's largest financial institutions, it was just "halftime."
Now it's a rare thing for Americans to get a glimpse of Ben Franklin's face on a hundred dollar bill. Even if they have a hundred bucks most people do not carry a hundred dollar bill in their wallets. Many stores don't even accept bills that large because they fear counterfeits. So here's a surprise contained in a recent report from the Federal Reserve: Three-quarters of all American currency in circulation is in the form of hundreds.