It's been three months since the start of across-the-board, federal spending cuts. Renee Montagne talks to David Wessel, economics editor at The Wall Street Journal, about how badly the sequestration is cutting into the economy.
Shrinking government budgets are changing not only how people live, but also how some municipalities deal with death. In Detroit, funding is so tight that when a homeless person dies, it can take a year or more to receive even a simple pauper's burial.
I met T.C. Latham several years ago, panhandling in downtown Detroit. He was short with a scraggly beard, bent glasses missing one lens and, for the most part, on the good side of the police.
On the same day this week that House Tea Party Caucus co-founder Michele Bachmann, R-Minn., announced she won't seek re-election, the fortunes of another Tea Party favorite continued to soar.
Freshman GOP Sen. Ted Cruz of Texas headlined a big fundraiser thrown by the New York Republican Party in the heart of Manhattan. More than 600 Republicans gathered to write checks to their struggling party, which has no statewide officeholders.
But it was not exactly a welcoming committee that awaited Cruz outside the Grand Hyatt hotel.
Next week, President Obama will meet with Chinese President Xi Jinping at an estate in California. Weekend Edition Saturday host Scott Simon speaks with Ken Lieberthal of the Brookings Institution about what issues the two world leaders are likely to discuss.
It has been a good week for economic news. Here's a quick rundown of the positive signs: Home prices showed their best gains in seven years. Consumer confidence hit a five-year high. The stock market set a new record. All just this week.
"We're seeing progress," President Obama said in the White House Rose Garden on Friday morning, "and the economy is starting to pick up steam. The gears are starting to turn again, and we're getting some traction."
You could tell from the tone of his voice that he was leading up to a "but."