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Welcome to CNN Radio News Day.
We hear so much about the approaching "fiscal cliff" and whether Congress will work out a deal to avoid it or allow the economy to hurdle over it. But, what does it all come down to and is it, at its core, about a war of words? There are essentially only two ways to avoid higher taxes for everyone and drastic cuts in government spending. Democrats want to raise taxes, while Republicans want to close loopholes. However, one man's loophole is another man's tax increase. CNN's Libby Lewis went looking for some answers. She talked with Howard Gleckman, with the Tax Policy Center who says:
"Government spending programs are programs that benefit other people and not us and tax loopholes are exactly the same thing. That's the tax break some other guy gets, but not what I get."
Demonstrators gathered in Cairo's Tahrir Square again today for a fourth day of protests against President Mohamed Morsy. That follows Morsy's decision to fire Egypt's prosecutor general and issue a decree barring courts from overturning any of his decisions or laws issued since he took office, at least until a new constitution is finalized. Today Morsy met with some of those judges in a closed-door session. CNN's Reza Sayah in Cairo reports:
"A lot of the opposition factions were hoping for the president to adjust some of these decrees, maybe reverse them. He did not."
If you've traveled to Europe anytime during the last thirty years or so, you've probably heard of travel guru, Rick Steves. His guidebooks have accompanied legions of first-time travelers to any number of popular and exotic destinations. He has a TV show, a radio show and he lectures. But, the popular travel expert also has a very political side. And, he's not afraid to speak out on controversial issues, including the legalization of marijuana.
"Drugs are not healthy. They are not good for you. They can be abused, but I don't think we should criminalize things for adults just because they are not appropriate for children..."