Seven years ago, the state of Massachusetts launched its own experiment with health insurance exchanges. Those involved in that experiment say it's gone smoothly, and as a result, 97 percent of the state's residents now have health coverage. At the time, some called the program Romneycare.
An expert advisory committee recommended Monday that the Federal Aviation Administration allow the use of some personal electronic devices during takeoff and landing. But while many passengers are eager to use their tablets and music players all flight long, it may be months before any rules are changed.
Most analysts are predicting that a shutdown of the federal government will not last long. But there's no guarantee, and the mere possibility that a shut down might drag on was enough to push down the stock market today. It's one of many possible economic impacts a shutdown might have.
About $29 billion in funding for the expansion of health coverage under the Affordable Care Act is expected to come from a tax on devices. Hip implants, MRI scanners and catheters to unclog heart arteries are all affected. Toothbrushes, contact lenses, hearing aids and other consumer products are exempt.
The government is expected to partially shutdown at midnight Monday night if Congress cannot agree on a spending plan. The Senate is expected to reject a House bill passed over the weekend. That bill funds the government, but delays the president's health care law by one year, and repeals a tax that helps pay for it.
Drawn-out fights over spending bills are nothing new for Congress. But before a 1980 ruling by President Carter's attorney general, the rest of the country might barely notice. That's because when lawmakers reached a budget stalemate back then, the federal workforce kept on working.
With the city's parking meter lease making voters leery of new privatization deals, Mayor Rahm Emanuel called for too many public interest protections in the Midway Airport lease, and too few investors saw it as worth the risk. Increasingly, though, governments turn to private investors to run public assets like roads and prisons.
In 2002, the Oakland A's made the playoffs with a fraction of the budget of other clubs. The economics of the team became the foundation for Moneyball, the book by Michael Lewis and the film starring Brad Pitt. That same team is in the playoffs again, with perhaps an even thriftier roster. Host Arun Rath speaks with sports writer Allen Barra.
The financial giant is also facing civil charges and fines that could cost it $11 billion. JPMorgan is negotiating with the Justice Department its handling of mortgage backed securities leading up to the housing crisis. Host Scott Simon talks with New York Times columnist Joe Nocera about the significance of the talks.