Sen. Ron Wyden (D) of Oregon is poised to become the new chair of the Senate Finance Committee. Mr. Wyden is the sponsor of a major tax reform plan that would reduce both individual and corporate tax rates without adding to the deficit or changing the current distribution of taxes among income groups very much, Gleckman writes.
The budget deal patched together this week is a bad deal for at least three reasons, Reich writes. America would do better with another temporary spending resolution than with Congress's budget deal.
Republicans are determined to repeal or amend the Affordable Care Act. However, the tempest is diverting attention from three larger and more important truths surrounding the healthcare system, Reich explains.
The Obamacare website won't likely be fixed by the end of November as President Obama promised, according a new report. If true, the consequences might be more political than practical.