It's going to be a big budget week in Washington. Rep. Paul Ryan (R-WI) released his spending plan today, and the Democrats are set to unveil their federal budget sometime in the next few days.
Juli Niemann, analyst at Smith Moore and Company, joins Marketplace Morning Report host Jeremy Hobson to discuss whether Washington's budget stalemate will be broken anytime soon.
The Iranian leader attended Hugo Chávez's funeral in Venezuela. Afterward, a photo surfaced that Iran's conservative clerics say shows him sinning — by touching a woman to whom he's not related.
Imagine you’re traveling abroad. The to-do list can be long. Book your flight, pack a toothbrush -- and if you’re a musician like John Thomas, you may soon need a passport for your instrument.
Thomas is a law professor at Quinnipiac University, and the proud owner of a vintage 1943 Gibson guitar.
“It contains some rare and valuable materials, including this Brazilian rosewood,” says Thomas.
The wood is prized for guitars, but listed as threatened under the Convention on International Trade in Endangered Species, which is meeting in Bangkok this week.
Thomas says U.S. delegates have proposed passports for instruments made with exotic woods, old ivory or tortoise shell parts because, as it stands now, instruments can be seized if musicians don't have import and export permits for each country they visit.
The U.S. Fish and Wildlife Service upholds the convention on endangered species. Assistant Director for International Affairs Bryan Arroyo believes the current system is too burdensome. For example, touring symphony orchestras traveling with priceless violins and cellos face reams of paperwork.
“It would drive them nuts,” says Arroyo.
Instrument passports are meant to ease the burden.
“You know, we want to make sure that we can facilitate the great musicians of the world to be able to move from country to country without fear of losing their precious instruments,” says Arroyo.
Countries are expected to vote on the passport plan this week.
The committee, controlled by Democrats, is likely to approve expanding background to private transactions and to debate a renewed assault weapons ban.
While "opponents will shout austerity," the Republican lawmaker says his plan would still let federal spending grow. It just wouldn't grow as quickly as now projected, he says, and would come into balance if the economy continues to expand and boosts federal revenue.
How many of the world's 3.1 billion workers live on just $1.25 per day -- the global poverty line as defined by the World Bank?
a. 50 percent
b. 25 percent
c. 10 percent
d. 3 percent
Scroll down to see the answer and click on the audio player above to hear more about the working poor around the world.
Answer: C, just over 10 percent or 384 million workers live on $1.25 a day.
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