To the Point
The Big Three and the Fight over Mileage Standards
During weeks of closed-door talks with the auto industry, the Obama Administration has been pushing for lower mileage standards, which could also effect global warming.
By Warren Olney • • 50m ListenDuring weeks of closed-door talks with the auto industry, the Obama Administration has been pushing for lower mileage standards, which could also effect global warming. Will Americans pay more to achieve those goals? Also, party leaders meet with President on the debt ceiling, and Rupert Murdoch closes Britain's "News of the World" after an Internet hacking scandal that destroyed its journalistic brand name.
Banner image: An enlarged label shows fuel economy information of a 2011 Nissan Leaf during a news conference to announce new fuel economy labels for auto vehicles at the Department of Transportation May 25, 2011 in Washington, DC. Photo by Alex Wong/Getty Images
In this episode
3 storiesParty Leaders Meet with President on the Debt Ceiling
Congressional leaders went to the White House today to discuss the debt ceiling, but President Obama made good on his promise to introduce "something big." Tax reform and major changes to entitlement programs reportedly have been put on the table.
Read the story8 minThe Big Three and Mileage Standards: Obama and Round Two
As the President and Congressional leaders work on possible tax reform and massive cuts in Social Security and Medicare, other changes might be in store. The auto industry and the cars Americans drive could be radically altered by Obama Administration efforts to increase vehicle mileage standards.
Read the story35 minInternet Hacking Scandal Shuts One of UK's Oldest Tabloids
Britain was stunned today when Rupert Murdoch's News Corp announced it will shut down " News of the World ." Murdoch's son, James, acknowledged "serious problems" and "repeated wrongdoing" a tabloid that's been published for 168 years.
Read the story7 min
