President Obama insists that his agreement with Republicans will help working people avoid a pay cut. But as tax experts look at the full package more closely, it has become clear that low-end wage earners will indeed take a pa…
The tax cut compromise between Obama and the GOP is now being touted as a back-door stimulus plan, one that some economists predict will create or save 3.1 million jobs. Unfortunately, the model on which those forecasts are bas…
Nouriel Roubini, the NYU economics professor who has earned the nickname “Dr. Doom” for his predictions, says he’s concerned the tax cut compromise struck by President Obama and GOP leaders could expose the U.S. to bond vigila…
The president bristled at criticism of his compromise with the GOP: “This isn’t an abstract debate,” the president said. “This is real money for real people that will make a real difference in the lives of the folks who sent us…
President Barack Obama has cut a deal with Republicans to extend Bush-era tax cuts for two years and unemployment benefits for 13 months. But the plan is already drawing fire from Obama’s own liberal supporters.
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