Undeserved subsidies for wrongdoing occur because the law that prohibits companies from deducting fines or penalties as a tax write-off does not apply to companies that resolve charges through out of court settlements, unless agencies specifically forbid the write-offs as part of the settlement agreement.
Even before the word sequester came to dominate the budget debate in Washington, there were signs that the military-industrial complex was no longer ten feet tall.
We are small business owners. We complain about uncertainty. We don't like surprises. Well, this year we can stop complaining. Because here are 10 things you can be absolutely certain about in 2014.
The good news is that the House, Senate, and president concur in the bi-partisan budget deal. The bad news is that you won't find a bill for $18,000 in your mailbox. That is bad news because the government needs that much from the average family every year to avoid going broke.
If the public was angry at the government shutdown and the degree of recklessness displayed by the GOP last time around, their reaction is sure to be even more retributive this time. So go ahead, Mr. Ryan, put your hand in the fire again.
Exposing once again Congress's inability to function as one of the three pillars of government, the budget deal struck by Rep. Paul Ryan (R-Wis.) and Sen. Patty Murray (D-Wash.) solves no pressing national problems.
As part of the deal to end the government shutdown, continue funding the government until Jan. 15 and extend the debt ceiling until Feb. 7, Congress convened a budget conference committee between the House and Senate with a goal of reaching agreement on a budget by Dec. 13. The future of Social Security and Medicare are at stake.
I can understand why Republican leaders like this deal. They don't want to risk another government shutdown, given how badly they got burned by the last one earlier in the fall. But America would do better with another temporary spending resolution than with this raw deal.
Women are doing better in today's economy. They still face major headwinds but their unemployment rate is significantly lower than men's and they have...
Democrats are hammering out a deal with transparent fraud Paul Ryan when they should be shouting the truth to anyone who'll listen. And the rest of us? We should be reaching for pitchforks.
The American public has seen it all -- a government shutdown for the first time in 18 years, and what seems like the strongest partisan gridlock in history. Well, time is almost up again.
By all accounts, Small Business Saturday was a smashing success. Now, in order to kick the American economy into over drive, it's time to convert it from an annual event to a year-long one. That is why 2014 will be The Year of Small Business
While we applaud Senator Warren and Paul Krugman for their unequivocal stance not to cut but to expand the benefits of social security, we believe we can be much bolder.
It should be no surprise that it has taken so long for a prominent member of the American policy elite to suggest openly to his colleagues that the core assumption upon which they have been managing the economic crisis might be dead wrong.
The Congress is beginning negotiations on the budget. If the end result is a budget dominated by tax increases and discretionary spending cuts, the deficit will be lower but the unfairness will be magnified.
The big question for Democrats is this: What kind of deal is worse than the sequester, which Paul Ryan has said is the Republicans' fallback position. In other words, what would make Democrats throw up their hands and say: "You want it? You got it." -- and mean it?