The Millionaire Class: Most New U.S. Senators are Rich

Approximately 60% of first-year U.S. senators and 40% of House of Representatives freshmen are worth at least $1 million, according to the Center for Responsive Politics. That makes them far richer than most of the Americans th…

House Votes to End ‘Car Czar,’ ‘Pay Czar’ Posts

Republicans in the House of Representatives voted Thursday to eliminate the Obama administration’s “car czar,” as well as the “pay czar” who oversees compensation at companies bailed out with TARP money, and seven other preside…

What the New Tax Bill Deal Means for You

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…

What the New Tax Bill Deal Means for You

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…

Survey: Most Americans Favor Senate-Passed Tax Package

About six in 10 Americans approve of a tax package passed by the Senate on Wednesday that extends George W. Bush-era tax breaks for the wealthy as well extending unemployment benefits and cutting payroll taxes, according to a W…