From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.
AUDIE CORNISH, HOST:
And I'm Audie Cornish. We begin this hour with the drought and how it could affect your grocery bill. Today, the U.S. Agriculture Department designated 76 more counties as disaster areas because of the drought and excessive heat. And it said that severe drought will likely affect prices for corn and other field crops, although it's too soon to know how much prices will go up.
Treasury Secretary Timothy Geithner was on Capitol Hill Wednesday to talk about the implementation of Dodd Frank. But the questions focused on why the New York Fed, under Geithner, didn't act more aggressively when it first learned about possible manipulation of a key interest rate.
Taxes may be certain, but growth and job creation aren't.
As the U.S. edges closer to a year-end "fiscal cliff," Democrats and Republicans haven't budged in their fight over expiring tax cuts for the wealthiest Americans — and how best to help the middle class and get the country back to work.
New York City held its first and only public hearing on Mayor Michael Bloomberg's proposed ban on super-sized sodas Tuesday. One critic of the ban said a lazy lifestyle contributes to obesity just as much as soda; a supporter said he lost 50 pounds by cutting out sugary drinks. The health board will vote on the ban in September.
The gross domestic product fell seven-tenths of a percent from the first quarter — much more than expected, and the most in three years. Output shrank in part because of unusually rainy weather and the extra public holiday because of the Queen's Jubilee.
Millions of people lost power in the Derecho storm that lashed the mid-Atlantic last month, and a big reason for that was trees falling on power lines. Utility companies have been criticized for that. So some have been aggressively removing trees to prevent future damage and they're getting criticized for that, too, as Sacha Pfeiffer of member station WBUR reports.
SACHA PFEIFFER, BYLINE: There's a strange site rolling through Boston's suburbs lately. It's called a Brontosaurus, and it's a massive tree-cutting machine.