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February 1, 2013

Weekly Show

With a combination of contrasting economic data, is the US economy really on the mend? Also, does the recent bipartisan push by Congress indicate a new era for immigration reform?  Plus, Chuck Hagel’s chances of becoming the next Secretary of Defense. Joining Gwen: David Wessel, Wall Street Journal; Karen Tumulty, Washington Post, Fawn Johnson, National Journal; Doyle McManus, Los Angeles Times.

Home Prices Rose Over Past Year, Another Sign that Market is Recovering

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Home prices saw solid gains over the past year, according to a new report Wednesday, adding to the evidence that the housing market turned a corner in 2012, even in the hardest-hit parts of the country.

PBS NewsHour: More Americans Live in Economically Segregated Neighborhoods Than 30 Years Ago

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Racial segregation in U.S. neighborhoods is on the decline, but income level is increasingly an indicator of where people live. Gwen Ifill talks to Pew Research Center's Paul Taylor about a recently released study on the connections between income inequality and neighborhood segregation.

What is the Fed Waiting For?

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It's best to think of the Federal Reserve today as a seventh-grade boy at a school dance, shuffling up to a girl, with all their friends watching. That music has a great beat, he says, and you sure do look like you enjoy dancing. She blinks expectantly. He opens his mouth. Then closes it, and walks away.

Political Perceptions: Stepping Up to the Cliff

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This is what fiscal paralysis looks like. The U.S. government, the White House projected last week, will run a deficit of $1.2 trillion or 7.8% of the gross domestic product in the fiscal year that ends Sept. 30.

Fewer Americans Form Households After Recession, Hampering Economic Recovery

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It had been a long road, but when Sabrina Torres received her master’s degree in 2010, she was sure it would eventually pay off in a good job that would allow her to afford an apartment. She is still waiting. The American University graduate’s financial struggles have prevented her from living on her own, making her part of a dramatic slowdown in household formation that is both a consequence of the economic downturn and a continued obstacle to overcoming it.

Unmired at Last

On The Radar

Since Florida’s property market collapsed and its economy tanked, Hillsborough County has endured almost nonstop austerity. In the past five years the government of the county, halfway up the state’s Gulf coast, has eliminated a quarter of its 6,000 positions through attrition and lay-offs. It has scaled back after-school child care. Workers’ pay has been frozen for three years.
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Obama Announces Refinancing Plan

On The Radar

President Barack Obama announced a fresh bid Wednesday to revive the housing market by letting millions of homeowners refinance their mortgages, Laura Meckler reports on the News Hub.
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Obama Doesn’t Name Names in Campaign

On The Radar

President Barack Obama doesn’t utter Mitt Romney’s name in speeches and public remarks. He just uses the Republican front-runner’s words. “It is wrong for anyone to suggest that the only option for struggling responsible homeowners is to sit and wait for the housing market to hit bottom,” Obama said yesterday in Falls Church, Virginia, announcing his latest housing proposal.
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Studies challenge wisdom of GOP candidates' plans

On The Radar

Key proposals from the Republican presidential candidates might make for good campaign fodder. But independent analyses raise serious questions about those plans and their ability to cure the nation's ills in two vital areas, the economy and housing.