American Morning
CNNMoney.com - Economists: Extend Bush tax cuts for everyone
Editor's note: Tune in Monday to American Morning at 6:00AM Eastern for a live interview with Paul LaMonica, editor-at-large for CNNMoney.com for a discussion on this article.
NEW YORK (CNNMoney.com) - With income tax rates set to go up on Dec. 31, Congress is hotly debating what to do next. But most economists agree: Keep them where they are.
One option, to let the tax cuts passed during the Bush administration expire for only the richest 3% of taxpayers while renewing them for everyone else, is popular among Democrats and the choice of the Obama administration.
But a panel of leading economists surveyed by CNNMoney.com disagreed.
Arrests come amid pope's visit to London
(CNN) – Investigators in Britain arrested five men on suspicion of terrorism Friday and promptly reviewed security arrangements for Pope Benedict XVI's trip to the island, authorities said.
Some news reports said the arrests involved a potential threat to the pope, who began a visit to Great Britain Thursday, but the Metropolitan Police declined to say whether the case was linked to the pontiff's visit.
Authorities reviewed policing arrangements for the pope's trip to London on Friday after they arrested the men and said they are satisfied the current plan remains "appropriate," and the pope's itinerary did not change.
The men were arrested at around 5:45 a.m. (12:45 a.m. ET) at a business on suspicion of the commission, preparation, or instigation of acts of terrorism, police said.
Stewart, Colbert announce Washington rallies
(CNN) – Two Comedy Central funnymen are apparently entering into the partisan political fray with rallies of their own in the nation's capital.
Jon Stewart and Stephen Colbert have set October 30 as the date for their respective rallies.
On Thursday night's airing of "The Daily Show With Jon Stewart," the comedian announced plans for a "Rally to Restore Sanity."
"See you October 30 on the National Mall to spread the timeless message, 'Take it down a notch for America,' " he said.
Stewart dubbed the event a "clarion call for rationality."
"A million moderate march, where we take to the streets to send a message to our leaders and our national media that says, 'We are here! We ... are only here until 6 though, because we have a sitter,'" he said.
On "The Colbert Report," which airs immediately after Stewart's show, Colbert fired back with plans for his "March to Keep Fear Alive."
"Now is not the time to take it down a notch. Now is the time for all good men to freak out for freedom," Colbert said. FULL STORY
About this Show
Welcome to the American Morning blog where you can get daily news updates from American Morning's reporters and producers. Join us for "the most news in the morning," weekdays from 6-9 a.m. ET, only on CNN.
