WYSO-FM: Renee Montagne

Many Americans could see a bigger bite out of their paychecks unless Congress votes to continue the suspension of the Social Security payroll tax. The tax holiday, enacted to stimulate people to spend money in a bad economy, is scheduled to expire at the end of this year. Senate Democrats plan to try to extend the tax break and pay for it by charging a new tax on the very wealthy.

In the Egyptian port city of Alexandria, hundreds of women lined up at one polling center Monday. For many of the women at the segregated polling station, this is the first election in which they feel their choice will count.

President Obama was in Hawaii over the weekend for a summit of Asian-Pacific leaders. Before he left, he made phone calls to the Democratic and Republican chairs of the supercommittee, which is dealing with debt-reduction in Congress.

After a week of intense political drama played out on the world stage, Greek Prime Minister George Papandreou is expected to step down Monday. He will make way for a coalition government that's supposed to steer the country through austerity measures and save a bailout deal that is widely seen as Greece's last chance to preserve its economy.

The securities firm run by Jon Corzine, who was formerly the governor of New Jersey and head of Goldman Sachs, is the first American company to fall victim to the European debt crisis.