Update at 1:55 p.m. ET. The House Passes JOBS Act:
Saying that it shows the federal legislature can work in a bipartisan fashion, the Republican-controlled House passed the JOBS Act, which was supported by President Obama.
"It is a welcome sign that we can put our differences aside and work together to produce results to help boost the economy and get people back to work," House Majority Leader Eric Cantor, R-Va., said, according to the AP.
Two year budgets for all three branches of state government have now passed one chamber of the Kentucky General Assembly. The House spent more than an hour debating the details of the executive, legislative and judicial budgets before easily passing all three. They also passed a bill creating a tax amnesty program that Governor Steve Beshear requested. The House did slightly change Beshear’s original executive budget. And lawmakers also cut the legislative and judicial budgets by eight point four percent.
One Republican senator is making his displeasure with Governor Steve Beshear’s tax commission known. Senator Jack Westwood has filed a bill for the second year in a row setting up a new commission to completely rewrite Kentucky’s tax code. Westwood says he filed the bill again because he’s unhappy with the make-up of the governor’s commission, which includes few economists and tax professionals
It's MORNING EDITION from NPR News. Good morning, I'm Steve Inskeep.
RENEE MONTAGNE, HOST:
And I'm Renee Montagne.
Western governments are still debating whether to help Syria's rebels. But as they debate, the rebels are finding ways to help themselves.
INSKEEP: Syrians continue arming themselves, even after they retreated from the battered city of Homs. This week, the United Nations' humanitarian chief finally toured that city, including a rebel neighborhood, now mostly abandoned.
Private creditors holding Greek bonds have until the end of today to participate in the largest sovereign debt restructuring in history. This means creditors must exchange the Greek government bonds they now hold for new ones that are worth far less. Some creditors are balking, since it means up to a 70 percent loss on their returns.
NPR's business news starts with allegations of price fixing on e-books.
The Justice Department is threatening to sue Apple and five major U.S. publishers for allegedly colluding to raise the price of digital books. The Wall Street Journal reports that Apple persuaded publishers, including Harper Collins, Penguin and Simon and Schuster, to change how they price their e-books before the launch of the first iPad in 2010.
Here's a stunning fact we came across as the anniversary of Japan's tsunami and nuclear disaster approaches. Of Japan's nuclear plants, only two of 54 reactors are currently active one year after the disaster. To talk about the implications of this, we've called Kenneth Cukier. He is Tokyo correspondent for The Economist magazine. He's on the line.