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A Department of Defense official faces up to 5 years in prison in dogfighting case
Frederick Moorefield Jr., a deputy chief information officer for the Office of the Secretary of Defense, allegedly used an encrypted messaging app to discuss dogfighting with people across the U.S.
The Value Of Taxing The Wealthy: $56 Billion
President Barack Obama's proposal to let the Bush tax cuts expire for wealthier Americans could add significantly to federal coffers.
Ukraine says corrupt officials stole $40 million meant to buy arms for the war
Employees from a Ukrainian arms firm conspired with defense ministry officials to embezzle almost $40 million earmarked to buy shells for the war with Russia, Ukraine's security service reported.
'Cliff' Deal Would End Payroll Tax Holiday
As part of the "fiscal cliff" deal moving through Congress, a two-year-old payroll tax holiday comes to an end. Under the tax holiday, the 6.2 percent payroll tax was cut to 4.2 percent for all American workers. NPR's John Ydstie talks about what the change will mean for employees and the economy.
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•
3:50
In Fiscal Cliff Talks, Higher Taxes Vs. Closing Loopholes
The White House and Congress continue to work on a deal that avoids the fiscal cliff and cuts deficits in the long run. President Obama wants to raise tax rates for the wealthy. Republicans want to raise revenue by closing loopholes and limiting deductions for high-income people. But could that raise enough money?
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•
4:03
U.S. Census Show Asians Are Fastest Growing Racial Group
The racial group grew by 45.6 percent from 2000 to 2010.
States' Rebellion Against Food Stamp Cuts Grows
Congress planned to shave $8.6 billion from the food stamps program by closing a loophole, cutting benefits to 850,000 households. But it left states an out to avoid the cuts, and many are taking it.
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•
3:46
The Giant Book That Creates And Destroys Entire Industries
The book lists the tax that importers have to pay on approximately every single thing in the universe — and raises a key question about the Planet Money T-shirt.
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5:20
Legal Troubles Dog Famed Spanish Architect Santiago Calatrava
A Spanish court named Calatrava, designer of New York's Ground Zero transport hub, a suspect in alleged contract fraud. Prosecutors say he got $3.6 million for a convention center that wasn't built.
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•
4:17
Students To Get Graduation Pomp At Drive-In Theater Despite Circumstances
One high school in New York has found a way to have safe and memorable graduation: hold it at a drive-in movie theater.
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3:47
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