A combination of spending cuts and tax increases could bring the economy to its knees at the end of 2012. By our count, the economy must deal with nine significant fiscal events that will be automatically triggered by current law if Congress and the president... Read More
The states continue to face large deficits. Many experts blame either the Great Recession or structural deficiencies in our tax system for the bleak fiscal picture. High unemployment, a crashing real estate market, and the inane way we tax have certainly... Read More
. . . . America's conservatives and the business community are pleased with themselves for thwarting any chance of a reasoned policy of carbon reduction in the form of cap-and-trade or a carbon tax. Even if you think global warming is a hoax perpetrated... Read More
Americans are overweight and so is their government. The diet plans are proliferating. Here are some of the latest. The Bowles Diet. I shall weigh 180 pounds for my whole adult life. Erskine Bowles is the Democratic co-chairman of the President's... Read More