Under the Affordable Care Act (ACA) many states that see the wisdom of compliance are setting up health insurances exchanges, but under a little known provision called the “Cadillac Tax,”…
In a fairly novel turnaround Congress passed a major piece of legislation Wednesday with significant bipartisan support that changes the way interest rates for student loans will be calculated. The…
Here is an example of why American democracy and, by extension, the economy is irrational in real terms. Banks and financial institutions such as investment ratings agencies like Standard and…
There is a concerted bipartisan effort to pass tax reform legislation among centrist Democrats and Republicans alike. However, the deep animosity between the radicalized House Republicans and the Obama Administration…
Today fast food workers at several of the nation’s largest chains including McDonald’s and KFC are walking out to draw attention to low-wage jobs, demand better pay for their hard…
Labor leaders from the AFL-CIO called on President Obama and Gov. Rick Snyder to provide financial help to the struggling city of Detroit. The city filed for bankruptcy last week…
President Obama’s speech yesterday promising a renewed effort to turn the economy around and make prosperity work for all Americans is long overdue. Democrats must develop a more responsible economic…
FED Chair Ben Bernanke is widely believed to be stepping down at the end of his second term in January. Today he appeared before Congress to give his last biannual…
In a surprise agreement Republican lawmakers in the Senate agree to allow several of President Obama’s nominees for various appointments to proceed in order to avoid the Democratic Majority Leader’s…
Senate Majority Leader Harry Reid (D-NV) has done the unthinkable by proposing rule changes in the Senate to restrict filibusters. The proposed change has been considered before by both parties…