Now, one way governments raise money is by issuing bonds: you or your pension fund lend them the money, and they then pay a set amount of interest for a set amount of time, say 10 or 20 years. Well, Britain's finance minister, George Osborne, is reportedly ready to announce that the UK plans to issue a bond that only your great-grandchildren will be able to cash in. It matures in a hundred years.
Italy's next step in a crisis is at the top of NPR's business news.
Italian prime minister Mario Monti is trying to restructure the economy so his country has a better shot at paying its debts. Today, he sits down to negotiate with the country's powerful trade union leaders. Monti hopes to weaken legal protections that make it almost impossible to fire employees. He blames these rules for slow economic growth and high unemployment in Italy.
This morning, House Republicans unveiled a new budget plan on Capitol Hill. And like President Obama's budget document last month, the GOP's version is as much a political statement as an actual road map. NPR's Tamara Keith has that story.
TAMARA KEITH, BYLINE: In some ways, this budget is a sequel. This time last year, House Budget Committee Chairman Paul Ryan unveiled a controversial budget document that passed the House with strong GOP support.
We're following up now on the fatal shooting of a black teenager by an Hispanic neighborhood watch leader. That shooting took place three weeks ago in the central Florida town of Sanford. So far, no charges have been filed against George Zimmerman, who says he was acting in self-defense when he shot 17-year-old Trayvon Martin. The African-American community is frustrated. And yesterday student protestors were out in Sanford demanding the shooter be arrested. Mark Simpson of member station WMFE in Orlando has this report.
Afghans say they're so inured to civilians killed in wars that they bury their dead and move on. That's not so easy for Muhammad Wazir. He lost his mother, his wife, a sister-in-law, a brother, a nephew, his four daughters and two of his sons in last week's mass shooting in two villages.
"My little boy, Habib Shah, is the only one left alive, and I love him very much," says Wazir.