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10:41am

Tue August 2, 2011
The Two-Way

U.S. May Alter Rules To Let More Aid Into Somalia

Somali refugees wait at dawn at a registration center at the Dadaab refugee complex in Kenya Tuesday, to receive aid after having been displaced from their homes in southern Somalia by famine.
Tony Karumba AFP/Getty Images

Efforts to help people in southern Somalia, where famine relief efforts have been stymied by al-Shabaab, a group on the U.S. terrorism watchlist, may get easier in the coming weeks. That's because pending changes to U.S. rules will allow aid groups to deliver food in those areas, according to an AP report.

Citing sources who wished to remain anonymous, the AP says:

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10:36am

Tue August 2, 2011
The Picture Show

Where Does Money Go When It Dies?

Originally published on Wed May 23, 2012 9:36 am

Photographs show money that has been removed from circulation.
Will Steacy Courtesy of Michael Mazzeo Gallery

We've all desperately tried to force a crumpled dollar bill into a vending machine to no avail. Fortunately, when your dollar is that decrepit, it's on death's door and will likely be removed from circulation.

The average lifespan of a $1 bill, according to the Federal Reserve Bank of New York, is 21 months. Eventually, money is destroyed — either by the Federal Reserve itself, or by the places that create it to begin with: the Bureau of Engraving and Printing, and the U.S. Mint. On average, 5 million unfit currency notes are destroyed each day.

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10:03am

Tue August 2, 2011
The Two-Way

U.S. Consumers Cut Spending; First Decline In Nearly Two Years

Americans put more of their money into savings in June, at the expense of consumer spending — and that came as a surprise to analysts. The month's drop in spending was the first in nearly two years (20 months).

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10:00am

Tue August 2, 2011
Economy

After Debt Fight, States Crave Stability

The House voted to pass the compromise spending plan Monday night, but drops in federal and state credit ratings remain possible, particularly for South Carolina. To learn about the bill's local ramifications, host Michel Martin speaks with S.C.'s House Rep. for the sixth district, S.C.'s Treasurer, and the mayor Columbia, S.C.

10:00am

Tue August 2, 2011
Health Care

Sebelius Defends Birth Control Without Co-Pays

The federal government recently announced that starting Aug. 2012, insurers must offer female preventive health services without extra costs to patients. Host Michel Martin discusses the controversial plan with the Health and Human Services Secretary. Martin also explores what the debt deal means for the Affordable Care Act with a Senior Correspondent from Kaiser Health News.

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