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A decade or so ago, some states gave welfare recipients food stamp debit cards. Welfare mothers could use them to buy groceries with plastic, just like virtually everybody else in the check out line. Plastic made accounting easier for clerks because the debit cards...

At a press conference today by Wall Street mogul Peter Peterson, he and his invited speakers informed Americans who are losing their jobs and homes in record numbers that our nation’s biggest problem is the national deficit—and that the solution is to cut Social...

Three economists have laid out in stark terms what the stakes are for the economy in the economic recovery debate now going on in the Senate—and brought home just how dangerous conservative obstructionist rhetoric really is. "This cannot be allowed to fail," Alan...

Something tells me President Barack Obama has had it with the free ride that fact-challenged conservative obstructionists have been getting lately. In remarks earlier today, the President reminded the conservative minority that the the election was a public rejection...

What will the Obama administration do with the banks that are now on life support? Pump in more taxpayers' money to keep the zombies alive? Radical surgery? Pull the plug? The decision - with new announcements rumored for next week — is critical to any recovery plan....