Hello UG! I need an audio program that can record what I say in my mic and record what comes through my speakers. Any suggestions?

I really need a program like this because me and my friends are making a podcast. Any help would be appreciated.
What's up?
Yep, +1 for audacity (see here)
Shouldn't have too many problems with aslong as you have everything connected right...

To the guy above me... what plugins would you use for making podcasts?
......... because here at mcdonald's our special ingredient is our people...
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I found REAPER to be pretty good too.

I was just about to say that.

I use REAPER, and it is a good program.