Let's agree on the facts, regardless of the politics: the Bowles-Simpson plan and Rivlin-Domenici plan will raise taxes on the rich. Not marginal tax rates, but average tax rates.
The Bipartisan Policy Commission has released a tax reform plan that slashes spending and reinvents tax policy: starting with a year-long payroll tax holiday.
Commission’s draft proposal on cuts and taxes to slash national debt has riled partisans on both sides. Next major move is President Obama’s.
Global warming and the BP oil spill have helped rehabilitate nuclear energy in the eyes of the public – and some environmentalists.
For decades, most major pieces of social legislation – from healthcare to immigration to education – bore the imprint of Sen. Edward 'Ted' Kennedy, who died late Tuesday.
But many exiting lawmakers also bring years of experience to the Obama administration.
Congress is set to consider several energy bills this week, but hopes dim for passage of any of them.
Package will give most US households $300 to $1,200 apiece, plus an extra $300 per child.