Our colleague Mark Memmot explains the context around Mitt Romney's comment that 47 percent of Americans pay no income tax. Here's a closer look at the numbers. As of the latest accounting, it's actually just over 46 percent of Americans that pay no federal income taxes, according to the Tax Policy Center (PDF).
We know. A post about the weekend on a Monday - but it's a very interesting post about the weekend, and what Americans actually do during those "days of rest." Check out the latest from the Planet Money team via the link.
It's been four years since the U.S. launched a massive bailout of the financial system and the auto industry. While much of the bailout money has been paid back, the government still owns large shares in companies such as AIG and GM, and has yet to recoup some $200 billion in bailouts.