Jul 16 Simon Johnson on the Future of the U.S. Auto Industry Paul Solman: The fourth in this week’s series of conversations with economist Simon Johnson concerns the future of the suffering American auto industry. Johnson weighs in on whether the new GM will make it and responds to the… Continue reading
Jul 16 CBO, Democrats Spar Over Cost of Health Care Reform Legislation By PBS News Hour Democratic leaders in Congress clashed Thursday with Congressional Budget Office director Doug Elmendorf over his statement that the legislation coming out of the House and Senate this week would significantly raise federal spending on health care. Continue reading
Jul 16 Paulson Rebuts Congress’ Rebuke on Bank Merger By PBS News Hour Lawmakers grilled former Treasury Secretary Henry Paulson Thursday over the government's role in Bank of America's merger with Merrill Lynch, saying authorities withheld information about losses and intimidated bank executives into sealing the deal. Continue reading
Jul 16 How is the U.S. Savings Rate Determined? Question: How is the U.S. savings rate, which has gone from near zero percent in the past to 6.9 percent recently, determined? And a more elaborate question: Is it truly the difference between what is earned and what is… Continue reading
Jul 16 Watch Sotomayor Confirmation May Be Headed to Swift Vote With Supreme Court nominee Sonia Sotomayor's testimony complete, analysts Marcia Coyle and Tom Goldstein join Judy Woodruff to examine how the judge fared in the spotlight. Continue watching
Jul 16 Watch Broad Praise as Sotomayor Questioning Ends As Supreme Court Nominee Sonia Sotomayor wrapped up her final day of testimony, even some critics voiced praise for her judicial record. Continue watching
Jul 15 Senate Committee Approves Health Reform Legislation By PBS News Hour Health care reform gained some momentum in the Senate Wednesday as the Committee on Health, Education, Labor and Pensions passed legislation that would require all Americans to obtain health insurance. Continue reading
Jul 15 Simon Johnson on Cap and Trade Paul Solman: The third in this week’s series of conversations with economist Simon Johnson has to do with the cap and trade debate — whether cap and trade is a good idea, the feasibility of a carbon tax, and… Continue reading
Jul 15 Watch Lawmakers Push Sotomayor for Views on Critical Issues Sonia Sotomayor faced new questioning from lawmakers Wednesday. Chairman of the Senate Judiciary Committee Patrick Leahy and Sen. Charles Grassley give their take on the hearings. Continue watching
Jul 15 Watch Sotomayor Deflects Abortion Questions Senators repeatedly pushed Judge Sonia Sotomayor to define her views on abortion Wednesday, but she resisted. Kwame Holman recaps the third day of confirmation hearings. Continue watching