President Obama has been steadfast in his pledge that he won't raise taxes on those making less than $250,000. But that doesn't mean only high-income households will be subject to higher taxes.
A useful principle of political analysis is to be suspicious when everyone agrees. Which is why the bipartisan paeans to "prevention" in this summer's health care debate have me scratching my head. It's the one reform on which Henry Waxman and John Boehner can join hands. Don't get me wrong: officials are right to say our system is crazily tilted toward paying docs and hospitals for curing people only after they've gotten terribly sick. But when they jump from this to the idea that America's overdue prevention agenda will be the fix for soaring national health costs (and even help pay for expanded coverage), they're blowing smoke.
President Obama's task force on the middle class formally began its work Friday, focusing its first meeting on green jobs and how they might strengthen the economy and the middle class.
U.S. political, business and environmental leaders urged the nation Monday to act quickly to build a unified, national electricity grid, both to diminish the impact of global warming and to boost the economy.
Federal agents sped after phantom drug runners and fired at mock hijackers in coastal Georgia this week as senior officials from various agencies watched and sometimes participated.
Amid record gas prices and a faltering economy, Sen. John McCain called for suspending the federal gas tax Tuesday - a call that was met with skepticism from many experts.
A ridiculous amount of time and energy has already gone into picking the next President, which would lead you to suppose the matter is of some consequence. Of course the person who serves as leader of the Free World matters (ask anyone in Baghdad), but over the long sweep of history it counts for less than we may think.
He has recently made stops in Iowa, New Hampshire and South Carolina, giving speeches and holding town hall meetings. But he's not seeking the presidency.
President Obama has been steadfast in his pledge that he won't raise taxes on those making less than $250,000. But that doesn't mean only high-income households will be subject to higher taxes.
A useful principle of political analysis is to be suspicious when everyone agrees. Which is why the bipartisan paeans to "prevention" in this summer's health care debate have me scratching my head. It's the one reform on which Henry Waxman and John Boehner can join hands. Don't get me wrong: officials are right to say our system is crazily tilted toward paying docs and hospitals for curing people only after they've gotten terribly sick. But when they jump from this to the idea that America's overdue prevention agenda will be the fix for soaring national health costs (and even help pay for expanded coverage), they're blowing smoke.
President Obama's task force on the middle class formally began its work Friday, focusing its first meeting on green jobs and how they might strengthen the economy and the middle class.
U.S. political, business and environmental leaders urged the nation Monday to act quickly to build a unified, national electricity grid, both to diminish the impact of global warming and to boost the economy.
Federal agents sped after phantom drug runners and fired at mock hijackers in coastal Georgia this week as senior officials from various agencies watched and sometimes participated.
Amid record gas prices and a faltering economy, Sen. John McCain called for suspending the federal gas tax Tuesday - a call that was met with skepticism from many experts.
A ridiculous amount of time and energy has already gone into picking the next President, which would lead you to suppose the matter is of some consequence. Of course the person who serves as leader of the Free World matters (ask anyone in Baghdad), but over the long sweep of history it counts for less than we may think.
He has recently made stops in Iowa, New Hampshire and South Carolina, giving speeches and holding town hall meetings. But he's not seeking the presidency.
In 2003, back when Continental Airlines was losing its shirt, Gordon Bethune, its salty CEO, got sick of hearing that upstarts like JetBlue had created a new business model that would bury the indu...
Not long ago an investment banker worth millions told me that he wasn't in his line of work for the money. "If I was doing this for the money," he said, with no trace of irony, "I'd be at a hedge f...
The more than 78 million baby boomers approaching retirement face a financial landscape that offers reasons for hope, but the generations following them have reasons to worry.
On a freezing winter day in 1961, 7-year-old Howard Schultz came home from school in Brooklyn to find his parents in tears. His dad, a deliveryman, had broken his ankle and was out of a job, with n...
THE BOILING DEBATE over the economics of immigration may give you an eerie sense of déjà vu, and no wonder: Its superheated rhetoric recalls the polarized and exaggerated arguments over open trade ...
The boiling debate over the economics of immigration may give you an eerie sense of déjà vu, and no wonder: Its superheated rhetoric recalls the polarized and exaggerated arguments over open trade and globalization in the 1990s.
Are you a confused Capitalist? With crises looming in health care, pensions, and energy (to pick the short list), corporate America's pragmatism is sorely needed in public life. Yet the business co...
EPIC BUREAUCRACY AND WASTE. THOUSANDS dead for lack of basic services. Delays, paralysis, "blame games." I'm not talking New Orleans here--all of the above are standard procedure in our dysfunction...
ANDY STERN'S WALKOUT FROM the AFL-CIO is being cast variously as a clash of egos, the latest death knell for organized labor, or trouble for the Democrats. After all, he was followed by 4.6 million...
WASHINGTON IS HYPERVENTILATING OVER GOP THREATS to exercise the dread "nuclear option," an arcane procedural device by which Senate Republicans say they can ban any filibuster of conservative judic...
DEMOCRATS SMELL BLOOD IN THE WATER ON SOCIAL security. Between President Bush's call for gazillions in scary "transition" debt, fine print showing gains from private accounts would be "clawed back"...
CONSIDERING THE STATE OF THE UNION AND THE FEDERAL fisc, maybe it's time we fired both parties. President Bush wants to build on his record red ink with fresh trillions in off-the-books debt to par...
A new Gallup poll out this morning shows Americans' approval of President Bush's handling of a wide range of issues at the lowest point of his presidency. But that's not enough to break the deadlock in the presidential race.
Washington is aflutter over charges that the White House may have covered up the true cost of the prescription drug bill. But whoever may have told Medicare's actuary not to share what with whom, t...
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