This year's midterm elections may lead to a power change in one or both chambers of Congress. Former Senate Minority Leader Tom Daschle, D-S.D., and former House Majority Leader Richard Armey, R-Texas, discuss what is at stake.
The U.S. Senate voted to extend $70 billion dollars in tax cuts, first enacted in 2003, for five years. While Republicans credit these tax cuts with a surging economy, Democrats believe a majority of Americans are being left out.
The U.S. Labor Department reported Friday that the growth of new jobs slowed last month. However, other indicators in the last few weeks suggest that the economy has been steadily improving.
Harvard economist and behind-the-scenes presidential adviser John Kenneth Galbraith died Saturday at age 97. NewsHour Economics Correspondent Paul Solman talks with biographer Richard Parker and reviews an earlier interview he had with Galbraith.
By PBS NewsHour
The possibility of raising the cap on payroll taxes may help to close the Social Security gap, but the option could pose other problems. Business correspondent Paul Solman examines both sides of this proposed solution.
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