Many of the 'Occupy Wall Street' protesters are now much older than college age. Is this a sign of cross-generational appeal, or is the movement being taken over by aging ’60s radicals?
Senate majority leader Harry Reid left Republicans dumbfounded Thursday when he made a move some call the 'nuclear option.' It could mean Senate gridlock has passed a breaking point.
With Republicans against higher taxes, there's virtually no chance that a surtax on millionaires will pass Congress. But there are strong political reasons for Senate Democrats to put it on the table.
The Senate voted Monday to advance a bill that would punish China for manipulating its currency to drive exports. If it became law, the bill would risk a trade war over US jobs.
The Republican determination not to increase the deficit – even for disaster funding – brought Congress within a week of a government shutdown. In the end, FEMA had enough money to get by.
Senator Schumer of New York criticizes in-vehicle emergency tool OnStar because it collects information about its users even after they cancel the service. It's the latest flareup over whether new technologies are violating users' privacy rights.
Conservative Republicans joined the Democrats in opposing the spending bill, whose defeat revives the threat of a government shutdown. A way forward for House leaders is unclear.
$3 trillion in deficit cuts from Obama will be paid for with taxes on the wealthy. The $3 trillion plan is a longer-term follow up to the $447 million in tax cuts and public spending that the president announced as part of a short-term stimulus plan.
Multinational corporations harbor and invest nearly $1.5 trillion overseas to avoid the 35 percent US corporate tax rate. Giving them a 'repatriation holiday' – a tax break if they bring that cash home and create jobs – will please both sides of the aisle and the American people.