SOCIAL SECURITY

New cars are seen at a parking lot of Changan Ford Mazda Automobile Co. Ltd, Ford Motor's joint venture in China, in Chongqing Municipality

Shame On Us, America

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.
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Payroll Tax Deal Heads for Congressional Passage

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.
Rick Perry

Rick Perry 2012: What Are His Positions?

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.
The U.S. Capitol dome in Washington

A Case for Privatizing the Welfare State

Since the 1960s, the United States has spent $16 trillion on the welfare state. This unfathomable price tag is more than our entire national debt, which just recently reached $15 trillion. With social welfare expenditure at about 35 percent of GDP, the obvious question is: Are the benefits outweighing the astronomical costs we pay?
House Speaker Boehner Endorses Mitt Romney

Payroll Tax Cut: House Republicans Plan Passage of Counter Legislation

House Republicans will roll out their version of the payroll tax cut extension and likely pass it Tuesday the lower chamber. The bill promises to depart wildly from past offerings by both parties in the Senate and brings up the difficult task of bridging a sizable gap between the two.
Olympic countdown clock shows 100 days left before the start of the 2010 Olympic Winter Games in Vancouver

Why the payroll tax cut extension is best worst option

The White House unveiled a countdown clock this week, tick-tocking away the days, hours, minutes and seconds to a December 31 deadline for extending and expanding the payroll tax cut. It's a doomsday-style reminder that taxes will jump for an estimated 160 million Americans on January 1 if Congress doesn't act.
Andrew Cuomo

A New Yorker's Opinion: Albany Tax Plan's Debt to Occupy Wall Street

The long shadow of Occupy Wall Street fell across the New York Legislature Tuesday, when its leaders and Gov. Andrew Cuomo agreed to changes to New York State's income tax, which will cut rates for many in the middle class, while adding a new bracket for those making over $2 million a year. And we, the middle class, owe that rag-tag group of small-d democrats our gratitude.
Social Security and Medicare

Republican Voters Say Close Tax Loopholes, but Don't Cut Entitlements

To most Republicans in Congress, it is a given that any deficit-reduction deal would have to include cuts to entitlement programs like Social Security, Medicare and Medicaid. According to a newly released survey, however, Republican voters in four key early-voting states disagree.
Rick Perry and Ron Paul

Rick Perry Debate Gaffe is Missing from CNBC Transcript

At the CNBC Republican presidential candidates' debate on Wednesday, Rick Perry could only remember two of the three federal agencies he would eliminate as president. It was a potentially game-changing gaffe, but it is missing from the official CNBC transcript of the debate.
U.S. Congress

Republicans Seek $2.2 Trillion in Deficit Cuts

Republicans in Congress are calling for $2.2 trillion in deficit-reduction, including significant cuts to healthcare programs for the elderly and poor along with tax changes that they argue would boost the economy, congressional aides said on Thursday.

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