by Isaiah J. Poole | Dec 1, 2010 | Blog
The co-chairs of the White House National Commission on Fiscal Responsibility and Reform released its deficit-reduction ideas earlier today, and a range of progressive leaders are united in saying its proposals, particularly on Social Security, should be rejected...
by Richard Eskow | Dec 1, 2010 | Blog
The co-chairs of the Presidential Deficit Commission released the final draft of their report today, and it's now scheduled for a Friday vote by members of the Commission. We're being told that it's a fairer and more reasonable document than its predecessor. It's...
by Dave Johnson | Dec 1, 2010 | Blog
In the news: Congress debates extending an extra tax cut for the rich, Obama's "deficit commission" proposes tax cuts to cut the deficit. Both of these assume tax cuts help the economy. But do they? What is the record? In this morning's public hearing of the National...
by Isaiah J. Poole | Dec 1, 2010 | Blog, Economy
Members of the Citizens' Commission on Jobs, Deficits and America's Economic Future formally released their report earlier today with a declaration that the commission created by the White House to come up with a deficit-reduction plan is poised to make the economy...
by Mary Bottari | Dec 1, 2010 | Blog, Financial Reform
While the Dodd-Frank Wall Street reform bill did too little to address the problem of “too big to fail” banks, one of the big wins for reformers was the bill’s strong derivatives chapter which drags risky “over the counter” derivatives...
by Zach Carter | Dec 1, 2010 | Blog
I frequently disagree with Megan McArdle, but her WikiLeaks post yesterday on struck me as simply delusional. The basic argument: megabank financiers haven’t committed any crimes, because if they had, we’d already know about it. There’s a kind of...