Robert Siegel talks with William Wheaton, a professor of economics at Massachusetts Institute of Technology, about the home mortgage interest deduction. It's one of the tax breaks being considered for reform under a budget plan proposed by a bipartisan group of senators known as the "Gang of Six."
Britain's Prime Minister David Cameron was forced to defend his integrity Wednesday as Parliament debated the phone hacking scandal at the News of the World. The opposition wanted to know why Cameron had hired a former editor at the newspaper as his media adviser — a man who left the paper because of the scandal and who has since been arrested by police. Cameron defended his decision and refused to apologize amid rowdy scenes in the House of Commons.
The 14 people arrested Tuesday in a crackdown on the Anonymous hacking group are not suspected of having links to criminal gangs, terrorist networks or foreign governments. They are alleged only to have participated in attacks on PayPal's website, after that company cut off payments to WikiLeaks.
But the FBI was determined to go after them anyway.