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Over two years ago, the IRS announced an ambitious new effort to subject the super rich to unprecedentedly intensive audits. How's that effort working out? Most lawmakers would rather you not ask.

Are we "going the way of Greece?" Should we cut spending to head off a "debt crisis" here?

The Washington Post's Ezra Klein takes issue with my argument -- detailed in The Zombie Rises: The Return of Simpson Bowles -- that the American elite consensus on austerity will take us down the same path that Europe is heading towards recession. But he misses the point. Ezra argues that people living in parts of […]

If enough of us demand it, we can get the White House to answer a simple question: Will you or will you not stand with underwater homeowners and push for principal reductions—even if it means pushing aside the agency chief who is opposing that remedy?

Two weeks ago we called on top housing finance regulator and Bush administration holdover Edward DeMarco to reduce mortgage principal for struggling homeowners. “Move or be removed,” we said. Thousands of you responded.

Key voices on Capitol Hill today echoed the message that underwater homeowners need the principal on their mortgages reduced, and that the government official responsible for keeping that from happening should either change his position or step down from his post.

Edward DeMarco is the beleaguered bureaucrat in charge of an agency called the Federal Housing Finance Agency. And because the FHFA is now managing Fannie Mae and Freddie Mac, DeMarco's in charge of most American mortgages. He's been the target of resignation demands for weeks.

I should start giving a false equivalence award. Today I have for you a glaring example. In a column about how Romney lies, a DC-elitist pundit tells you that Obama lies, too.