Ongoing Coverage:
Economy
9:46 am
Thu December 22, 2011

What's The Economic Impact If The Tax Break Dies?

Most political analysts say that Congress and President Obama will eventually agree to extend the payroll tax cut into 2012 – even if it takes another month of arguing.

But what if Congress really can't get it done?

Economists are fairly unanimous in saying growth would be slowed — at least in the short term — if Congress were to fail to pass legislation to extend the tax holiday and include two other proposals to: 1) continue federal help for the long-term unemployed and 2) block a 27 percent Medicare pay cut for doctors.

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The Two-Way
9:00 am
Thu December 22, 2011

Swept Away By '04 Tsunami, Indonesian Girl Reportedly Finds Way Home

Credit Dimas Ardian / Getty Images
Jan. 4, 2005: Indonesians search for names of relatives on notice boards in Banda Aceh, one of the places devastated by the Dec. 26, 2004, tsunami.

Seven years ago, an estimated 230,000 people died after an earthquake triggered a massive tsunami that devastated South Asian coasts from Indonesia to Thailand, Sri Lanka and India.

Wednesday, one of those who was thought to be dead apparently "found her way back to her home," according to the Indonesian state news agency Antara.

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Science, Health and Technology
8:28 am
Thu December 22, 2011

EPA toughens air pollution standards for power plants

The U.S. Environmental Protection Agency has finalized the first-ever national standards to reduce toxic air emissions from coal and oil-fired power plants. As St. Louis Public Radio's VERONIQUE LACAPRA reports, the new protections will mean big changes for Missouri.

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World
8:00 am
Thu December 22, 2011

U.S. Admits To Some Mistakes In Deadly Pakistan Raid

Transcript

LINDA WERTHEIMER, HOST:

The United States has admitted that NATO forces made mistakes that led to the deaths of two dozen Pakistani soldiers. The incident happened along the Afghan-Pakistan border in November. Pakistan had claimed the U.S. purposely attacked its troops and the incident contributed to a spiraling deterioration in relations between the two allies. Now, according to the Pentagon's investigation, the United States admits some responsibility for the deadly raid. In a moment we'll have the view from Pakistan.

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The Two-Way
7:40 am
Thu December 22, 2011

Third Quarter Growth Estimate Revised Down Again, To 1.8 Percent

The nation's economy grew at a 1.8 percent annual rate in the third quarter, the Bureau of Economic Analysis just reported.

The new estimate marks the second time that BEA has revised its third-quarter estimate downward. In its first look, BEA said gross domestic product grew at a 2.5 percent annual rate. Last month, it said the pace was 2 percent.

Still, the third quarter was better than the second — when GDP expanded at a 1.3 percent annual rate.

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The Two-Way
6:50 am
Thu December 22, 2011

U.S. Cites 'Self Defense,' Concedes Poor Coordination In Pakistan Incident

Credit Rizwan Tabassum / AFP/Getty Images
Protesters in Karachi, Pakistan, burned an American flag earlier this month to express their anger over the airstrikes that killed 24 Pakistani soldiers.

American military forces, "given what information they had available to them at the time, acted in self defense and with appropriate force after being fired upon" when they called for airstrikes along the Afghanistan-Pakistan border in late November in an incident that killed 24 Pakistani soldiers, the Pentagon said this morning.

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Around the Nation
6:39 am
Thu December 22, 2011

Elves Pass Out $100 Bills In Detroit

For the fourth year in a row, a couple dressed in elf hats drove around Detroit handing out $100 bills to strangers — $12,000 worth. Many thought those crisp Benjamins were a joke, some burst into tears.

Around the Nation
6:35 am
Thu December 22, 2011

Ga. Lottery Winner Must Come Forward Soon

Transcript

RENEE MONTAGNE, HOST:

Good morning. I'm Renee Montagne. Attention lottery players in Georgia: No one has stepped up to claim a $77 million jackpot that expires on Monday, and the state's lotto offices will be closed starting tomorrow for the Christmas holiday. But if you're out there, lucky winner, you can claim your prize at a kiosk at Atlanta's International Airport throughout the Christmas holidays. Then you can do all the duty-free holiday shopping you want. It's MORNING EDITION. Transcript provided by NPR, Copyright National Public Radio.

The Two-Way
6:10 am
Thu December 22, 2011

Dozens Killed, Scores Injured In Wave Of Bombings In Baghdad

It's been a terrible day in Baghdad, where at least 16 explosions in 13 different locations have killed dozens of people and left about 200 wounded, NPR's Sean Carberry reports from the Iraqi capital.

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