The furloughs of air traffic controllers that have slowed air travel in the past week and frustrated thousands of fliers should soon come to an end.
By a vote of 361-41, the House of Representatives just passed legislation that would allow the secretary of transportation to shift up to $253 million in funds so that controllers no longer have to be furloughed to meet the requirements of sequestration (the mandated, across-the-board spending cuts that began taking hold March 1).
President Obama's newly released tax return shows his effective income tax rate was 18.4 percent last year. He'll likely pay a somewhat higher rate in 2013, and that tax bill would be even bigger if Congress were to adopt the recommendations in the president's own budget, unveiled this week.
The president's $3.77 trillion fiscal 2014 budget plan is expansive. But the part getting the most attention is his proposal to change the way the government calculates inflation using a measure known in economics-speak as chained CPI.
House Budget Committee Chairman Paul Ryan tells NPR that he's "cautiously optimistic" that a budget deal can be reached with the White House.
Speaking to NPR a day after President Obama unveiled a 2014 budget proposal that includes cuts to Social Security and Medicare, as well as tax increases and new investments in education and infrastructure, Ryan said he was encouraged by the broad outlines from the White House.