American Morning

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April 2nd, 2009
11:05 AM ET

Government may limit bonuses

Rep. Barney Frank talks about legislation that would limit bonuses.
Rep. Barney Frank talks about legislation that would limit bonuses.

Washington tries again. Another bill designed to avoid an AIG-style bonus backlash.

The House passing the "Pay For Performance Act" to limit pay and bonuses at financial firms getting your money.

Can it work?

Massachusetts Congressman Barney Frank chairs the House Financial Services Committee and he joined us live.

Watch

What do you think? Is Congress doing enough to fix the AIG bonus mess?


Filed under: Economy • Politics
April 2nd, 2009
10:09 AM ET

McCain unveils own budget

What do you think? How does Senator McCain's budget proposal compare to President Obama's?


Filed under: Politics
April 2nd, 2009
08:47 AM ET

Meet the bailout cop

Meet Neil Barofsky, the federal government's cop on the bailout beat. CNN's Jim Acosta reports.
Meet Neil Barofsky, the federal government's cop on the bailout beat. CNN's Jim Acosta reports.

As we're finding out at the G-20 summit, people aren't just mad at the banks in this country but all over the world. 

And part of the reason is the bailout.  People are still asking the question: Where has all of that taxpayer money gone?  

As it turns out, somebody inside the federal government is trying to get an answer to that question.

Watch


Filed under: Economy • Politics
April 1st, 2009
11:33 AM ET

Fuming over tobacco tax hike

Smokers are fuming over a huge increase in the federal tobacco tax. CNN's Jim Acosta reports.
Smokers are fuming over a huge increase in the federal tobacco tax. CNN's Jim Acosta reports.

However they satisfy their nicotine cravings, tobacco users are facing a big hit as the single largest federal tobacco-tax increase ever takes effect Wednesday.

Tobacco companies and public-health advocates, longtime foes in the nicotine battles, are trying to turn the situation to their advantage. The major cigarette makers raised prices a couple of weeks ago, partly to offset any drop in profits once the per-pack tax climbs from 39 cents to $1.01.

Medical groups see a tax increase right in the middle of a recession as a great incentive to help persuade smokers to quit.

Watch

What do you think? Is the tobacco tax fair to smokers?


Filed under: Health • Politics
April 1st, 2009
09:16 AM ET
March 31st, 2009
11:00 AM ET
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