Victoria Times-Colonist columnist Les Leyne brings us the latest news from Canada. Film critic Robert Horton considers Woody Allen's classic comedies of the 1970s. Then, Seattle Times economics columnist Jon Talton reviews the aftermath of the "fiscal cliff" deal.
The next cliff looms in Washington, DC, as the US Treasury runs out of borrowing authority at the end of February. There may be a decision about across-the-board spending cuts known as "sequestration," as well as a debate over the social safety net.
Will Democrats agree to cuts to Social Security and Medicare? We talk with economics writer James Kwak about the political support for smaller government and less revenue.
Originally published on Thu January 3, 2013 3:59 pm
RICHLAND, Wash. – Many Northwest growers are left out of the partial extension of the U.S. Farm Bill included in this week’s fiscal cliff legislation. The new law largely covers conventional agriculture and not the organics, specialty crops and conservation programs that our region’s farmers are known for.
The House voted 257-167 late last night to pass the American Taxpayer Relief Act of 2012. The bill now goes to the President, but sets up another confrontation over taxes and spending in just weeks. We check in with Jill Jackson of CBS News and hear from Representative Jim McDermott about why he voted against the deal.
We'll also take a look back at the region's big stories of 2012, from history-making decisions on marijuana and marriage equality, to Seattle's steps toward police reform and a deal for a third pro sports stadium. What stories caught your attention? Call us at 206.543.5869 or write to email@example.com.
Originally published on Thu December 27, 2012 12:18 pm
Even as Air Force One was about to land in suburban Maryland this morning — bringing President Obama back from his vacation in Hawaii to resume negotiations aimed at avoiding the so-called fiscal cliff of automatic tax increases and spending cuts — Senate Majority Leader Harry Reid was on the floor of the Senate warning that a dive off that cliff seems inevitable.
There are rumors of progress in Washington, DC, in the talks over how to move forward on spending and taxes, but House speaker John Boehner says Republicans have a "Plan B" just in case. We hear the latest on the fiscal cliff talks from Jill Jackson of CBS News.
"We're building a budget assuming everybody works their problems out in the best interest of the nation." That's how Stan Marshburn, outgoing director of Washington State's Office of Financial Management is planning for the fiscal cliff.
He says we're likely to suffer either way. If we go over the cliff, we can expect 50 percent cut to state military spending. To avoid the cliff, federal lawmakers might agree to reduce Medicaid spending -- another precious source of federal money.
Marshburn tells Ross his biggest concern is consumer confidence, since Washington gets so much of its money from sales tax. He says reduced consumer spending could impact Washington's economy 10 times more than the actual fiscal cliff itself.
It’s Friday — time to talk over the week’s news with Joni Balter, Eli Sanders and Knute Berger. Another week, another candidate for Seattle mayor as state Senator Ed Murray says he's in. Washington state ushered in history-making laws on gay marriage and marijuana. And in Washington, DC, Congress remained perched on the fiscal cliff. What stories caught your attention this week? Call us at 206.543.5869 or write to firstname.lastname@example.org.
Puget Sound Energy owns and operates a coal-fired power plant out of Billings, Montana, that the Sierra Club calls "the dirtiest coal plant in the West." The Colstrip Plant meets EPA emission standards and PSE touts its green-energy portfolio, with plans to triple its renewable energy supply by 2020. How does coal fit into that equation? And with coal plants generating 42 percent of America's electricity, how much impact would closing one plant have? We take a look with PSE's Andy Wappler and Anne Hedges of the Montana Environmental Information Center.
President Barack Obama is meeting today with members of Congress to try to avoid the fiscal cliff. The president says he’ll let Bush-era tax cuts for families earning over $250,000 a year expire. House Republicans are opposed.
Seattle entrepreneur and venture capitalist Nick Hanauer would pay more if the tax cuts expire and he thinks he should. Ross Reynolds speaks with Hanauer, business owner Mark Peterson, and policy analysts Mark Guppy and Marilyn Watkins, and he asks listeners to weigh in with their opinion: Are the rich taxed enough?
Two-time Grammy Award-winning musician, composer and vocalist Taj Mahal is celebrating four decades in American blues and roots with a new album, "Maestro." He joins us in the studio to talk about his musical life and legacy ahead of a run of shows with the Taj Mahal Trio starting tonight at Seattle's Jazz Alley.