by Dean Baker | Jan 20, 2015 | Blog, Economy, Financial Reform
The House Democratic Party leadership made a remarkable step forward last week in putting out a proposal for a financial transactions tax (FTT). The proposal is part of a larger package which includes a substantial tax credit for workers, and also a limit on the tax...
by Sam Pizzigati | Jan 20, 2015 | Blog, Economy
The Commission on Inclusive Prosperity, a project of the Washington, D.C.-based Center for American Progress, has just released what journalists like to call a “blue-ribbon panel report.” This commission certainly rates — by any standard — as “blue-ribbon.” The...
by Leo Gerard | Jan 20, 2015 | Blog, Trade, Trans-Pacific Partnership
Instead of the plodding turtle he's normally satirized as, Senate Majority Leader Mitch McConnell is all cat-on-a-hot-tin-roof about Trade Promotion Authority, better known as Fast Track. He said as Congress convened this month that he wants to fast track Fast Track....
by Bill Scher | Jan 20, 2015 | Uncategorized
Obama To Frame Debate At SOTU, 9 PM ET Obama to leverage growing economy and make the case for public investments in tonight's SOTU. NYT: "[Obama will] effectively declare victory over the economic hard times ... and advocate using the nation’s healthier finances to...
by Robert Borosage | Jan 20, 2015 | Blog, Progressive Vision
The annual State of the Union address that President Obama will deliver tonight before the Republican-controlled Congress serves many functions. It provides the president with a chance to boast upon progress made, and to highlight next steps. It frames, particularly...