The fiscal gap facing the next generation of taxpayers is going to be huge. The solution include taxes, but what many young Americans don't realize is that soon they may be shouldering the majority of the country's debt, alone.
Today's American politics needs the mix of humor and civility heard on NPR's soon-to-end "Car Talk." Mass culture that includes self-deprecatory jokes and a friendly tone can influence the nation's political discourse.
As a behind-the-scenes debate begins among reformers over just how to fix the US tax code, some Republicans insist that big, broad-based reform would be easier to accomplish, while others in Congress advocate for a more step-by-step process.
Over the past generation, the GOP's pledge to introduce no new taxes has become the essential conservative credential. But some Republicans are refusing to sign.
Tax reform will be difficult, but with a four-step road map, it can be done.
Instead of arguing over an old law, lawmakers need to decide how much tax revenue is needed and then figure out how to raise it. If they don't, there will be no serious deficit reduction and no tax reform.
The bipartisan deficit 'super committee' is charged with finding $1.5 trillion in savings over 10 years. Can it find $450 billion more to fund Obama's jobs plan? Can it find $4 trillion? More?
Social Security debate reignited with Rick Perry's critique of Social Security as a Ponzi scheme.
Congress has created a special super committee to devise a way to cut at least $1.2 trillion from US spending in coming years. Its real name is the Joint Select Committee on Deficit Reduction, and its deadline is Nov. 23. If a majority of the bipartisan, bicameral committee approves the plan, it goes to the House and Senate for a vote, and they must act by Dec. 23. If the plan is voted down, automatic spending cuts are slated to occur. Here are the 12 lawmakers serving on the super committee.