Congress
  • Wyden Joins Forces with Ryan on Medicare

    By Mary Agnes Carey, Kaiser Health News

    In a move that could hurt Democrats’ ability to campaign against Republicans on Medicare in next fall’s elections, Democratic Sen. Ron Wyden is teaming up with Republican Rep. Paul Ryan on a Medicare...

  • Government Shutdown Looms Again

    By Andrew Taylor

    House Republicans have unveiled a massive $1 trillion-plus yearend spending package despite a plea from the White House for additional talks over a handful of provisions opposed by President Barack...

  • Dems May Drop Millionaire Surtax

    By DAVID ESPO, Associated Press

    Democrats may jettison their demand for higher taxes on millionaires as part of legislation to extend Social Security tax cuts for most Americans, officials said Wednesday as President Barack Obama...

  • Inept Congress Heads Toward Another Train Wreck

    This week is shaping up as a fitting finale to a year in which the federal government narrowly escaped a shutdown and default on the U.S. debt as both sides of the aisle are once again talking past...

  • Newt Gingrich’s Tax Plan: The Rich Get Richer

    By Merrill Goozner and Michelle Hirsch, The Fiscal Times

    Newt Gingrich has offered the biggest, boldest flat tax plan yet. It would reduce government revenues to 13 percent of gross domestic product, its lowest share since the year the U.S. entered World...