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And I'm Renee Montagne.
The revolution in Egypt is still a work in progress, but one thing that has not changed is the partnership between the U.S. and Egypt's powerful military. In fact, just last week, Secretary of State Hillary Clinton announced she would let $1.3 billion in aid flow to Egypt's military, as usual, this year. Clinton said the country has made significant progress toward democracy.
And our last word in business today is hit the showers.
Nike is suing rival Reebok over the right to sell brand new Tim Tebow jerseys. The tussle over Tebow - who rose to fame last year for his fourth quarter comebacks - comes after his recent trade to the New York Jets.
A former executive at the center of the meltdown of brokerage firm MF Global appeared before Congress on Wednesday to answer questions from lawmakers. Members of the House Financial Services Committee were hoping assistant treasurer Edith O'Brien would explain the actions of the firm's CEO, ex-New Jersey Gov. Jon Corzine.
The U.S. House of Representatives is scheduled to vote Thursday on what's known as the Ryan budget, the spending plan from Budget Committee Chairman Paul Ryan, R-Wis., that among other things changes the structure of Medicare and rewrites the tax code. Presidential candidate Mitt Romney has endorsed the plan, but some are saying his rhetoric on the campaign trail may not match up with at least one reality of the Ryan budget.
Romney said he supported the Ryan budget the day it was unveiled.
"I applaud it," he said. "It's an excellent piece of work, and very much needed."