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
The 5 top Republicans open to shutting down government to get their way
January 7, 2013 The fiscal-cliff deal wasn’t great for Republican priorities, but some in the party say that a government shutdown could help them get their way. In last week’s compromise, many Republicans were forced to agree to a tax hike on wealthy Americans -- albeit at a threshold higher than President Obama ...
Obama 'modestly optimistic' on fiscal cliff deal
December 28, 2012 President Obama on Friday said he was "modestly optimistic" that lawmakers would be able to avert the fiscal cliff of expiring tax cuts and automatic spending reductions. Following an afternoon meeting with congressional leaders at the White House, the leaders agreed that Senate Majority Leader Harry Reid, D-Nev., and Senate ...
How to delay a national default in 3 steps
December 28, 2012 So how does a country that can’t borrow anymore stave off default? Mostly, it needs to just stop investing in things. Treasury Secretary Timothy Geithner told Senate Majority Leader Harry Reid, D-Nev., in a letter this week that the nation will reach its debt limit—a cap on how much it ...
GOP Plan B lowers taxes on certain wealthy households
December 20, 2012 Only those who earn between $200,000 and $1 million would see their federal tax burden shrink under the GOP's 'Plan B' proposal, according to analysis from the nonpartisan Tax Policy Center. While extending Bush-era tax cuts on income up to $1 million is the centerpiece of House Speaker John Boehner's ...
Cutting top tax rates doesn’t boost economy, study says
December 13, 2012 It’s back. A report showing that cutting top tax rates does not stimulate the economy -- a cornerstone of the tax philosophy of many Republicans -- was reissued this week after being pulled in early November amid complaints from Senate Republicans. An analysis of 65 years of data showed no ...
GOP playing with fire on debt limit
December 11, 2012 In the negotiations to avoid a year-end fiscal crisis, Republicans may be playing with fire. The GOP's biggest piece of leverage -- whether to increase the limit on how much money the nation can borrow -- is also one fraught with political and economic risk, experts and analysts say. If ...
White House tips its hand on payroll tax cut
November 27, 2012 The president's top economic adviser on Monday said Obama still believes the expiring payroll tax cut should be a part of broader fiscal talks, suggesting that an issue that some believed was settled months ago could see new life. "The payroll tax cut has helped middle-class families, has helped support ...
Obama says he's confident a grand bargain can be reached
October 24, 2012 President Obama is doubling down on optimism that he and Congress will be able to quickly handle the nation's vexing fiscal problems. Obama told the Des Moines Register that he thinks a grand bargain with Republicans on long-term deficit reduction is achievable and predicted it could happen by the middle ...
Keep payroll tax cut extension on the table, Maryland Democrat says
October 22, 2012 An extension of the expiring payroll-tax cut should be on the table during negotiations after the election, the top-ranking Democrat on the House Budget Committee said on Sunday. The comments suggest a shift from what some believed to be a settled issue as recently as t hree weeks ago. "I ...
Charge that BLS employees manipulated jobs data called unlikely
October 8, 2012 The high-wire act of keeping the country’s economic data secret is guided by a hyper-precise atomic clock and a dryly named 27-year-old rule, Statistical Policy Directive Number 3. The directive dictates the process for releasing the country’s most closely watched data, including the monthly employment report, the latest of which ...
