It is a brief portrait of D.C.'s dysfunction and delusion followed by its declaration of victory over compromises on goals that should never have been goals in the first place.
If the Fed raises interest rates for the first time since the Great Recession, they will effectively be declaring "mission accomplished" on jobs and wages. But there is a major issue: The data simply does not support a rate hike.
Evidence from the states that have expanded Medicaid to non-elderly adults with incomes below 138 percent of the poverty line demonstrates the Medicaid expansion's substantial benefits, all of which would be lost under the Senate Republican leaders' bill
Tax-cut proponents predicted an economic boom, not meager growth. When Governor Sam Brownback signed the tax cuts into law, he said they would provide "a shot of adrenaline into the heart of the Kansas economy."
With fewer state dollars being appropriated for K-12 education funding, deficit spending by Illinois school districts has risen sharply in recent year...
Unless reporters give Ryan a pop quiz, they really don't know what he knows about the budget, but they do know what he says. In addition to wanting to privatize both Social Security and Medicare, Ryan has indicated that he essentially wants to shut down the federal government.
If you're a vice president thinking of joining the presidential race, take our latest Week to Week news quiz to see what you would have to deal with. ...
This week's Senate Finance Committee hearing on Puerto Rico's financial and economic challenges brought overdue attention to the island's inadequate Medicaid funding. Unlike the 50 states and the District of Columbia, Puerto Rico is limited to a low, fixed amount of funding.
So many things to talk about today. None of it really matters as it's the last day of the month and windows have to be dressed and al...
This year, with no budget in place to control spending or generate more revenue, we're on a pace to amass a $5.9 billion bill backlog by New Year's Eve. How did this pattern of red ink become an entrenched part of Illinois' fiscal condition?
Illinois rang in New Year's Day 2011 with an unpaid bill backlog that totaled $6.38 billion. Within two weeks, in the final hours of a lame duck Legi...
I must admit I got it wrong when I predicted a few weeks ago that Perry would stay in the race longer than Jim Gilmore, George Pataki, Lindsey Graham, Rick Santorum, and Bobby Jindal. But that doesn't mean we can't have some fun betting who will drop out next!
If you're one of those people whose financial situation isn't quite where you want it to be, start focusing your mental energy where it belongs: on the big money! Making money is easy once you know how to do it.
The so-called 'retirement age' is nominally thought to be 65 years old, but to get your full Social Security benefits the age is inching up each couple of months to 67, for those born in 1960 or later. And who knows where it will go from there? Or what will become of it.
Today with all the advancement on each of these fronts, average longevity is in the 80s and headed to the 90s. The largest growing demographic are the centurions and over -- for all the reasons that you readers know. So... what to do to rationalize the Social Security Retirement System?
Why has economic growth been so slow since the Great Recession? This is the question haunting many economists these days. Second quarter 2015 real GDP growth (after inflation) was just 2.3 percent six years after its end. This is better growth than any other developed economy, but still much too low for a sustainable recovery.