Specialists on the floor of the New York Stock Exchange watch President Obama's televised speech on debt reduction Monday. Obama wants to require investment fund managers to pay at least the same percentage in taxes as middle-income Americans.
Originally published on Mon September 19, 2011 9:20 pm
If enacted, President Obama's deficit-reduction plan would increase tax revenues by about $1.5 trillion over the coming decade. The wealthiest taxpayers could see significantly higher taxes, but the vast majority of Americans would pay less, at least through 2012.
These are some of the groups that could see higher tax bills starting in 2013:
An online group of gamers has correctly deduced the structure of an enzyme that AIDS-like viruses use for reproduction. By playing the online-game Foldit, the group figured out the structure of an important viral protein that has baffled scientists for more than a decade.
Originally published on Mon September 19, 2011 5:02 pm
Yankees closer Mariano Rivera earned his 602nd career save, today, making him the top closer in baseball history. In a drama-free, 1-2-3 inning, Rivera surpassed Trevor Hoffman as the new record holder for most saves.
The United States Justice Department expressed concern Monday about whether new Texas redistricting plans for four U.S. House seats comply with the 1965 Voting Rights Act, which protects the interests of minority voters.
In a filing with a special three-judge court panel in Washington D.C., civil rights lawyers at Justice wrote that they doubted new boundaries for the House seats "maintain or increase the ability of minority voters to elect their candidate of choice."
Martin Rosenthal, a parent in Brookline, Mass., says he willingly pledges allegiance to the flag but has filed a measure that he says would protect public school students from being pressured into saying the pledge in their classrooms.
Credit Tovia Smith / NPR
Brookline parent Sandra Maloney is calling on other residents to hang flags outside to show support for keeping the Pledge of Allegiance in public school classrooms.
Deputies of the Pirate Party pose in the House of Representatives in Berlin today. Free wireless Internet and public transport; voting rights for over-14s are just some of the policies of the "Pirate Party."
Originally published on Mon September 19, 2011 4:01 pm
Germany's state parliament now has representatives from a brand new political party that focuses heavily on Internet freedoms. The Pirate Party won 8.5 percent of the vote for the Berlin state parliament and ousted the Free Democrats, which is part of German Chancellor Angela Merkel's coalition.
"A painting considered beyond repair after being submerged in filthy floodwater when the Thames breached its banks in 1928 will be seen in something approaching its wild and lurid former glory on Tuesday when it goes on public display for the first time in a century," The Guardian writes.
President Obama's plan to cut the deficit doesn't exactly spare Medicare, Medicaid, and other federal health programs. But he also doesn't propose the sweeping sorts of changes envisioned by House Republicans earlier this year.
According to the National Oceanic and Atmospheric Administration, this summer has been the second-hottest ever recorded in the United States, helping to push power demand in homes to record levels. As some worry that the growing use of fossil fuels to produce electricity for cooling is unsustainable, one man is urging Americans to live without air conditioning.
When I was a kid, I assumed that in the future things would get better and better until we were all driving flying cars and playing badminton with space aliens on top of 500-story buildings. Frankly, I kind of counted on this happening. But now I don't assume that we'll just keep going up anymore.