Episode 36

­In a letter to Senate Majority Leader Harry Reid, Republican Senators vowed to veto all legislation until Democrats agree to tax cuts for millionaires. Thom talks to Oregon Senator Jeff Merkley about the devastating effects this could have on Americans. Then, the House passed an extension of tax cuts today just for Middle Class families. Thom talks to one of the Congressmen who voted in favor of the tax cuts, Joseph Crowley. Finally, through a secretive lending program, the Federal Reserve has given millions of dollars to giant corporations including McDonalds, Citi group, and Lehman Brothers. Thom talks with Robert Kuttner about this covert bailout