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The Daily Reckoning
Leave Facebook's Eduardo Saverin alone

Eduardo Saverin's timely renunciation of his American citizenship is no reason to keep him out of the US. People should be able to move where they want, when they want, for any reason.
Decoder Wire
Facebook IPO: Is co-founder Saverin cheating US out of $100 million in taxes?

By renouncing his US citizenship, Facebook co-founder Eduardo Saverin could save some $100 million in taxes from Friday's Facebook IPO. Senators call it 'tax avoidance,' and aim to block it.
Will Blunt amendment backfire on Republicans?

Republicans cast the Blunt amendment as a fight for religious freedoms, but it put at least one of their own, Sen. Scott Brown, in a tough spot – and he could be crucial to GOP efforts to retake the Senate.
Can birth-control flap rekindle 'repeal ObamaCare' crusade?

Republicans see the surge in support for religious freedom as an opening to overturn President Obama’s signature health-care reform. Conservatives are not likely to let the issue go lightly.
Catholic furor over birth control rule turns Democrats on one another

The Catholic Church's anger over a proposed federal rule to force church-affiliated organizations to offer health plans covering birth control has provided Republicans with an opportunity – and Democrats with a problem.
Boehner vows Congress will reverse Obama birth control policy

Congress enters the church-state fray over the Obama policy on birth control, with House Speaker John Boehner saying Wednesday that lawmakers will reverse it if the White House doesn't.
Payroll tax cut: proposals galore but consensus eludes

Congressional lawmakers in both parties offer assurances that the break Americans now enjoy on the payroll tax will be extended before it expires Dec. 31. But getting to 'done' is proving to be another tough row to hoe.
Obama takes on bullies at White House anti-bullying summit

President Obama showcased federal, state, local initiatives to address bullying, at a White House webcast on bullying prevention.
Hu faces critics in Congress, economic pressures back in China

China's President Hu met with US congressional leaders Thursday, amid reports that his country's economy may be overheating, driving up inflation. Is export-dependency the root of the problem?
Clinton's WikiLeaks alchemy: Can she turn outrage into unity on Iran?

Secretary Clinton is in the Persian Gulf to limit damage over the WikiLeaks disclosures. Can she translate the revelations into increased international resolve against Iran's nuclear program?
Unemployment extension 101: how health care is affected

Congress excluded a subsidy for 'COBRA' from the unemployment-benefits extension. As of June 1, thousands of unemployed face higher insurance costs.
Senate Democrats sprint to vote on healthcare reform next week

Democratic leaders in the Senate plan to vote on final passage of the healthcare reform bill on Christmas Eve.
Healthcare holdouts: Ben Nelson says abortion funds mean 'no' vote

Democratic Sen. Ben Nelson of Nebraska says he will vote down the healthcare bill if it does not outlaw use of federal dollars for abortion services. He also wants to rein in the scope of a public option.
Senate Democrats backing down on tough anti-abortion measure

Two moderate Senate Democrats are signaling that they will not support the stringent anti-abortion measures that made it into the House healthcare reform bill as the so-called Stupak amendment.
Five flash points as healthcare reform moves to the Senate

In the Senate, passage of healthcare reform legislation will be even harder than in the House. Here are five issues that could delay or, perhaps, torpedo healthcare reform.
Is fight against hunger a matter of security?

Hunger and food insecurity can destabilize whole regions. That dimension is raising new interest in tackling the issue, says Kanayo Nwanze, the new head of the UN's International Fund for Agricultural Development.
Are Specter's Senate days numbered?

The five-term senator from Pennsylvania faces dipping polls and now, a Democratic primary contender in Rep. Joe Sestak.
Clinton announces $110 million in refugee aid for Pakistan

The aid is partly to offset anger at the US-supported counterinsurgency campaign.
With few businesses hiring, students start their own

More students are turning to entrepreneurship, often with the help of campus programs.
Community colleges play key role in tough economic times

Many schools have to turn away those seeking new job skills. Proposed federal funds could help.
Clinton down, but not out of running

She needs to win nearly all the remaining contests, analysts say, and persuade superdelegates that she has a better chance than Obama of beating John McCain.