Morning Edition

Transcript

STEVE INSKEEP, HOST:

Transcript

RENEE MONTAGNE, HOST:

Congress appears to have avoided another showdown over the payroll tax reduction that has been pumping billions of dollars back into the economy. There may even be a deal ahead on jobless benefits and payments to Medicare doctors.

The last time Congress extended the payroll tax holiday was in December, when it passed a two-month extension tied to two other measures. One extended unemployment benefits, and the second fixed a formula by which Medicare doctors are paid. The Medicare fix would stop big cuts in reimbursements for doctors.

Steve Inskeep and Renee Montagne have business news.

Israel says Iran is behind a string of bombing attempts in three cities abroad. And it says Israelis are the targets. Details are still emerging from attacks this week in India, Georgia and Thailand. Steve Inskeep talks David Ignatious, a columnist for "The Washington Post," about the series of attacks that Israel is blaming on Iran.