Details have leaked out about the tax deal that Republican members of the deficit Supercommittee offered to Democrats. Led by Sen. Toomey (Penn.), the GOP takes aim at itemized deductions, broadening the base while lowering the rates in a scaled-down…
The word on the AP wire is that, if the Supreme Court considers Obamacare’s mandate severable and unconstitutional, the Obama Administration will go forward with implementation as planned. But privately, there’s a Plan B: If the court strikes down the…
In the latest step for his “We Can’t Wait” executive-authority initiative, President Obama is targeting “waste, fraud and abuse” in Medicare and Medicaid in an attempt to cut spending and woo voters. The White House is launching pilot programs intended…
The budget-cutting “Supercommittee” formed in the wake of August’s debt ceiling deal that has been tasked with finding meaningful austerity measures to put the U.S. government on a track to fiscal balance has, to no one’s surprise, not come close…
While Democrats don’t often concern themselves with too much government spending, the one place you often see consternation is in defense spending. As a percentage of federal spending, defense has constituted around 20 percent of total spending, and is one…
The U.S. already has a very progressive tax code and has actually gotten more progressive over the course of the Bush years. Nonetheless, one of the principles (if they have any at all) of Occupy Wall Street is that the…
As the SuperCommittee heads toward an inevitable train wreck (the deadline is soon, and there’s been no significant movement), the hand-wringing over who to blame has started. And, predictably, Politico comes rushing to the defense of Democrats, claiming that Republicans…
Bullying is an everpresent issue that faces American kids. But recently, a spate of anti-bullying fever has swept through the nation’s legislators. In New Jersey, Missouri, Michigan, California and other states, legislatures are enacting harsh anti-bullying laws in hopes of…
Total student loan debt continues to skyrocket even as other kinds of consumer debt are slowly coming down in the wake of the financial crisis. It continues to get more expensive to go to college, students are leaving with a…