In his State of the Union address, President Obama didn’t shy away from tackling the ongoing questions about the health care reform law head on. And though he opened with a joke, he made it clear that while he’s serious about r…
Newly-installed California Gov. Jerry Brown declared a state of fiscal emergency on Thursday, underscoring the need for quick legislative action on the state’s massive budget deficit. Without corrective action, he said, Califor…
It took about 10 years of decisions for the federal budget to get more than a trillion dollars out of whack, and it’s going to take at least five years to balance it again. The only way to do it is piece-by-piece, with equal sa…
After a revolt by unhappy Democrats, the tax bill has finally passed. Obama’s compromise deal extends Bush-era tax reductions on income, capital gains and dividends through 2012. But there were also some changes. Here’s how the…
After a revolt by unhappy Democrats, the tax bill has finally passed. Obama’s compromise deal extends Bush-era tax reductions on income, capital gains and dividends through 2012. But there were also some changes. Here’s how the…