The Vast Majority of IRS Employees Aren't Corrupt
GSA Mishandled Executive Bonuses
EIG 2013 as Told by Your Tweets
Infographic: Nominee Limbo
Will You Be Furloughed?
Boldly Go Where No Fed's Gone Before
AUTHOR ARCHIVES
Obama kicks off new fight over consumer watchdog
January 25, 2013 President Obama’s re-nomination of Richard Cordray to head the Consumer Financial Protection Bureau reignites the battle that raged last year over the structure of the regulatory agency created under the landmark Dodd-Frank financial-reform law. Republicans have criticized the consumer watchdog agency, which regulates products ranging from home mortgages to credit ...
Economists Pan Debt Ceiling’s Very Existence
January 16, 2013 Congressional Republicans may enjoy the leverage the debt ceiling gives them, but economists dislike its very existence. The University of Chicago Booth School of Business’s Initiative on Global Markets regularly polls economists on major public policy issues. This week’s statement, “Because all federal spending and taxes must be approved by ...
Your guide to Obama's staff reshuffling
January 7, 2013 With the inauguration coming up in a few weeks, President Obama has begun shuffling top administration jobs for his second term. Here is National Journal's guide to the expected changes: The Upcoming Appointments Attorney General. Eric Holder doesn’t plan to be the “Janet Reno of the Justice Department,” he said ...
Here's what's in the fiscal cliff deal
January 1, 2013 At around 2 a.m. on New Year's Day, the Senate passed a measure aimed at pulling the country back from the "fiscal cliff" of automatic tax hikes and spending cuts. The measure, hammered out by Vice President Joe Biden and Republican Senate Minority Leader Mitch McConnell, still needs approval by ...
Analysis: Newtown shooting provides perspective amid fiscal cliff
December 18, 2012 Two days after the Newtown school massacre, Congress returned to Washington with a more subdued attitude toward partisan bickering and with a newfound focus on finding a compromise on the fiscal cliff. Neither party seemed to want to drag out a public battle over taxing the wealthy, or cutting Medicare ...
Fiscal cliff, or fiscal slope? There are lots of names for the year-end event
December 13, 2012 Federal Reserve Chairman Ben Bernanke is credited with popularizing the term “fiscal cliff” earlier this year to describe the tax hikes and spending cuts the country faces at the start of 2013. Asked during a Wednesday press conference if he still believes "cliff" is an apt characterization, Bernanke said he ...
Fed chairman calls fiscal cliff a threat, predicts growth if it's avoided
November 20, 2012 Federal Reserve Board Chairman Ben Bernanke issued a dire warning on Tuesday about the threat that the fiscal cliff poses to the economy. But amid the doom and gloom, he held out a silver lining: When the fiscal uncertainty lifts, the economy could be poised for solid growth. “The realization ...
Debt limit likely hit by end of year, Treasury says
October 31, 2012 The Treasury Department said Wednesday that it expects the U.S. debt limit will be reached by the end of 2012, but that it can use so-called "extraordinary measures" to push the actual date of potential default to early 2013. The timetable is the same as Treasury laid out earlier this ...
GDP report suggests fiscal cliff, global growth concerns
October 26, 2012 Business investment fell in the last three months, suggesting but not confirming that concerns over global growth and the impending fiscal cliff have weighed on businesses’ spending decisions. The Commerce Department reported Friday that overall Gross Domestic Product picked up in the third quarter, rising at an annual rate of ...
Report: Man plotted attack on New York Fed
October 17, 2012 Federal authorities arrested a man on Wednesday they say was plotting to attack the Federal Reserve Bank of New York, NBC 4 New York reports. The man drove a van that he thought was loaded with explosives from Long Island to near the site of the Fed building in lower ...
