Congress
  • Why Obama's Tax the Rich Plan Will Slow the Recovery

    New information suggests that President Obama’s ongoing drive to hike taxes on the rich may slow the economy more than expected. In his relentless quest to make the wealthy “pay their fair share,” Mr...

  • CEOs Call for Compromise on the Cliff

    By Reuters

    A group of high-profile corporate leaders urged President Obama and congressional leaders on Tuesday to reach a "principled compromise" on U.S. fiscal policy that includes higher tax revenues and...

  • Michigan Lawmakers Approve Right-to-Work Law

    By Reuters

    Michigan lawmakers on Tuesday approved legislation that would bar unions from demanding dues from workers, making Michigan the 24th "right-to-work" state. Thousands of union members gathered at the...

  • In the Cliff’s Shadow, A Recession May Be Taking Root

    By Josh Boak, The Fiscal Times

    Most economists predict another year of wrenchingly slow growth, but a few observe the roots of a recession already taking hold. That creates the distinct possibility that a deal hammered out by...

  • Cliff Talks: All Talk Could Still Lead to No Action

    Lawmakers and budget and tax policy gurus were heartened by the resumption of talks by President Obama and Republican House Speaker John Boehner over the weekend and they now see a clearer path to a...