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The Estate Tax Battle: Who's Really Winning?

The U.S. House of Reps has voted to extend the only federal tax levy on grand accumulations of private wealth. But that extension essentially keeps in place all of George W.'s tax rate cuts on billionaire bequests. Congress flipped another page in the estate tax story...

Only 5% Of Spending In Afghanistan For Humanitarian Needs

On this week's edition of WHMP's The LiberalOasis Radio Show, Jo Comerford of the National Priorities Project discussed with me the fiscal ramifications of the increase of troops in Afghanistan, and expressed significant concern that the ratio of military to...

Some Jobs Taxpayers Don’t Need to Buy

Can't buy me love Everybody tells me so Can't buy me love No, no, no, no From the 1964 Lennon/McCartney song, “Can’t Buy Me Love” Maybe you can’t buy love, but you can buy a job. Franklin Delano Roosevelt did it with the Works Progress Administration during the Great...

The Necessity of the Public Option

Ezra Klein on the Washington Post recently argued that progressives should bargain away the current version of the public option in pending health care legislation in exchange for other reforms such as bigger subsidies, tougher rules on demographic discrimination and...

Bernanke: 'The Definition Of Moral Hazard'

Federal Reserve Chairman Ben Bernanke employed his characteristic smoothness and conciliatory nature as he navigated the questioning at today's confirmation hearing before the Senate Banking Committee, helped by the largely gentle questioning by Democrats on the...

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