New Passport Requirements

Are you traveling out of the country any time soon? Do you have a passport? If not, you should take heed and start your passport application as soon as possible. The time the government processes them has doubled and you may find yourself stressed out if you have to travel out of the country on short notice.

Americans have always been required to have a passport to travel overseas, but thanks to today's heightened security, that requirement now extends to Mexico, Canada and the Caribbean as well. And all those extra passports are causing Uncle Sam a problem...that he might just be passing along to you. Money reporter Stacy Johnson explains.

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