Your Money
2:14 pm
Tue November 13, 2012

How The Alternative Minimum Tax Could Slam You

Customers line up at an H&R Block office in Nashville, Tenn., on April 17, the deadline for filing 2011 federal income taxes.
Mark Humphrey AP

Originally published on Tue November 13, 2012 1:29 pm

Seriously, again?

Anyone who follows the adventures of the alternative minimum tax has to be getting sick of the many sequels. Again and again, this unpopular income tax threatens to hit middle-class families with large and unexpected tax increases.

And each time the threat reappears, Congress applies a "patch" to fix the problem temporarily. That makes the threat an annual event — along with the associated congressional hand-wringing and taxpayer confusion.

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Education
1:23 pm
Tue November 13, 2012

Louisville Creates Charter to Improve Out-Of-School Programs

Mayor Greg Fischer, JCPS Superintendent Donna Hargens and Metro United Way President Joe Tolan sign the charter agreement.

Louisville has formed a new council to oversee the improvement of out-of-school programs offered throughout the city. 

The partnership announced Tuesday responds to recommendations from the Violence Prevention Task Force, which were made public last month.

Mayor Greg Fischer was joined by Metro United Way and Jefferson County Public Schools officials to announce the city’s new Out-of-School Time Coordinating Council Charter.

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Local News
12:59 pm
Tue November 13, 2012

What Would Happen If Kentucky Really Did Secede?

More than 12,000 people had by Tuesday afternoon "signed" the user-generated petition on the White House website asking for the federal government to grant Kentucky the right to secede from the Union. Many observers view the petition more as the manifestation of anger from some Americans over President Obama's re-election. But the petition does raise the question: If Kentucky could secede -- and it can't -- would leaving the Union make any sense? Dewey Clayton, a political science professor at the University of Louisville, agreed to address some questions about this sudden, informal Internet secession movement.

What benefits, if any, would Kentucky get from secession?

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Energy
11:04 am
Tue November 13, 2012

Across Pa., Abandoned Wells Litter The Land

An abandoned, unplugged well near the Allegheny National Forest in northwest Pennsylvania.
Scott Detrow StateImpact Pennsylvania

Originally published on Tue November 13, 2012 5:02 am

In February 1932, the United States was in the midst of the Great Depression. Franklin Roosevelt was plotting a run for the White House. And in northeast Pennsylvania, the Morris Run Coal Co. had just finished drilling a 5,385-foot-deep gas well on a farm owned by Mr. W.J. Butters.

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Shots - Health News
10:47 am
Tue November 13, 2012

Health Insurance Exchanges Explained

Tennessee Gov. Bill Haslam said last week the state could design its own health insurance exchange required under President Obama's health care law. But resistance in the Republican-controlled General Assembly may cause the state to hand that power off to the federal government.
Mark Humphrey AP

Originally published on Tue November 13, 2012 1:33 pm

Last week's election may have settled the fate of the federal Affordable Care Act, but its implementation after months of uncertainty has caught many of the players unprepared.

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The Two-Way
9:46 am
Tue November 13, 2012

Petraeus Affair Widens: Who's Who & What's What? Here's A Guide

Then-Gen. David Petraeus in mid-2011, just before he became CIA director.
Barbara Sax AFP/Getty Images

Originally published on Tue February 19, 2013 1:31 pm

Feb. 19, 2013: See our note below about Gen. John Allen.

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Local News
9:42 am
Tue November 13, 2012

Work Begins to Drain Chemicals at Derailment Site

Louisville Metro

Update 4:45 p.m.: Crews working to offload dangerous chemicals at the train derailment site in southwestern Jefferson County got a later-than-expected start Tuesday morning because of the weather, MetroSafe said.

Crews finished offloading a butadiene car in the afternoon, after starting at about 11:30 a.m. -- a couple of hours later than expected, said Jody Duncan, a spokeswoman for MetroSafe.

The area around the derailment site was muddy, and crews had a difficult time setting up equipment, Duncan said.

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Environment
9:00 am
Tue November 13, 2012

What's Former Coal Exec Don Blankenship Up To in Kentucky?

Brianhayden1980 Wikimedia Commons

Former Massey Energy CEO Don Blankenship is back on the radar, but apparently not currently seeking any coal mining permits in Kentucky.

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It's All Politics
7:42 am
Tue November 13, 2012

Fiscal Cliff Would Only Dent The Deficit

House Speaker John Boehner, seen last week, discusses the looming fiscal cliff.
Brendan Hoffman Getty Images

Originally published on Tue December 4, 2012 7:30 pm

Virtually everyone agrees that allowing the nation to fall off the fiscal cliff would be a bad thing.

Government programs would be cut, taxes would rise significantly on a majority of Americans, and according to the Congressional Budget Office, the economy would fall back into recession.

But get this: Even if all of those things happen, there would still be a budget deficit.

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Tamara Keith is a NPR White House Correspondent. She is especially focused on matters related to the economy and the Federal budget.

Prior to moving into her current role in January 2014, she was a Congressional Correspondent covering Congress with an emphasis on the budget, taxes and the ongoing fiscal fights. During the Republican presidential primaries she covered Herman Cain, Newt Gingrich in South Carolina, and traveled with Mitt Romney leading into the primaries in Colorado and Ohio, among other states. She began covering congress in August 2011.

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