President Barack Obama wants your money now. Like, right now.
Obama is backing a new CPI that would lower statistically-reported inflation, increase income taxes and slow Social Security spending growth.
Tax Rates On Individual Workers' Pay In OECD Member Nations Rose In 2012, Led By Netherlands, Poland, the Slovak Republic, Spain And Australia
In case someone was visiting another planet the last two years, taxes on Earth are up, according to the OECD.
Sequester Cuts: Democratic House Members Tell Obama They Will Block Efforts To Cut Medicare, Social Security
A group of House Democrats warned that they will vote against any deal that includes cuts to Medicare, Medicaid and Social Security.
Sarah Palin wrote in a Facebook post that went viral on Tuesday that the U.S. government is stockpiling bullets in order to fend off any "civil unrest" that may result from the ongoing economic troubles facing Americans.
Defense Spending Cuts 2013: More Republicans Support Preserving Social Programs Than Current Defense Spending
As the sequester looms, even Republican voters would prefer cuts to the once-hallowed defense budget.
The expiration of the U.S. payroll tax cut likely left consumers with 3.5% less personal disposable income in January.
China's government has rolled-out new tax reforms hoping to alleviate the nation's growing wealth gap while paving a path for sustainable economic growth.
Most Americans have banked less pay this month because of the end of the payroll-tax cut, and some who backed the president say they feel duped.
The report revealed a lackluster labor market, flat unemployment and a holiday shopping season that may have been a dud. What's the Fed to do?
U.S. Senate leaders were hammering out a last-minute deal to avoid the "fiscal cliff" on Monday, but it's unclear if lawmakers will back it.
The GOP majority's determination to shield millionaires at all costs may push John Boehner off a cliff, too.
The impending crisis cuts has been simmering for months. Now it's reaching a boil. Merry Christmas!
Maybe others have lost all hope for a fiscal-cliff deal, but House Speaker John Boehner, despite his Plan B failure, has not.
President Barack Obama has agreed to curtail future cost-of-living hikes for Social Security and softened his demand for higher taxes on the rich in talks to avoid the ‘‘fiscal cliff,’’ people familiar with the talks said.
In one of our most recent presidential debates, the candidates argued over why it's in the best of interest of the United States to support the idea that cars destined to be sold in China need to be built in China.
The ideological divide is huge: If the two sides don’t compromise on fiscal issues, major damage will be inflicted on the U.S. and global economies.
The most feasible budget deal is one that spreads tax increases and spending cuts out over a longer time period.
Sans the hysteria, the U.S. budget situation is like a living room getting cooler, not a "fiscal cliff."
Right now, the hunt is on to find the “bad guy” in the story -- the villain who is making it too easy for people to get benefits.
The IOU that is being laid on the doorsteps of U.S. taxpayers in the form of the national debt is far greater than most Americans realize. That's because the federal government does not report the true size of the national debt -- now nearly $80 trillion.
The 2013 budget, penned by Rep. Chris Van Hollen, would institute the Buffet Rule, while suspending emergency war funding and Bush-era tax cuts.
The weeks before the Union budget are days of wishful thinking for the common man. It is always the expectation that the threshold and tax exemption limits will be increased. This year is no exception, and the common man would definitely be happy if his wishes are met.
The nonpartisan Governmental Accountability Office said Tuesday Congress and the Obama administration should find ways to cut down on federal programs across agencies that overlap with each other.
A deal to renew a payroll tax cut for 160 million U.S. workers through 2012 headed on Thursday toward congressional approval as Democratic and Republican leaders rallied support for the bipartisan agreement.
Top Republican lawmakers on Sunday said they expect to forge a deal with Democrats to extend the payroll tax cut before it expires at the end of February but offered no specifics on how they would pay for it.
House Speaker John Boehner, hoping to spare fellow Republicans a second embarrassing defeat over payroll tax cuts, is prepared to navigate around rebellious Tea Party-aligned lawmakers to get a deal, according to congressional aides.
Iowa and New Hampshire, which have been flocked by GOP candidates who insist the federal government is wasteful with its spending, have both benefited enormously from federal programs.
Though he continues to lag in national polls, Rick Perry is launching a massive comeback effort in Iowa, which will hold the nation's first caucuses on Jan. 3. Here is an overview of his positions.
In a letter sent to the U.S. House of Representatives on Monday, the United States Conference of Catholic Bishops said lawmakers have a moral obligation to ensure unemployed Americans and their families are able to support themselves in an economy that has not been conductive to job growth.