Elections
  • Buffett Rule Busted and Buried by GOP Congress

    As expected, Republicans blocked a Democratic effort in the Senate Monday evening to take up the ‘Buffett Rule,’ President Obama’s effort to force millionaires to pay at least a 30 percent tax on...

  • Dems Lay Trap for GOP with Buffett Rule

    By Kim Dixon and Patrick Temple West, Reuters

    President Barack Obama and congressional Democrats are laying a political trap for Republicans to be sprung on Monday when the U.S. Senate is slated to vote on the proposed "Buffett Rule," which...

  • The Plot to Keep Health Care Prices from Consumers

    By Merrill Goozner, The Fiscal Times

    Republicans championing the Ryan budget on the campaign trail will be touting market-based solutions for rising health care costs, including premium support for Medicare. But for markets to work,...

  • How a European Recession Can Infect U.S. Markets

    Europe is starting to look slightly schizophrenic, and we had all better pay attention. The stock slide last week -- the worst of the year -- was the direct result of wobbly conditions among the...

  • Obama Paid 20.5% Tax Rate in 2011

    By Andy Sullivan, Reuters

    President Barack Obama and his wife Michelle paid an effective federal tax rate of 20.5 percent on income of $789,674 in 2011, the White House said on Friday amid a debate over tax burdens that is...