Nobody, including President Obama, is sugarcoating the problem-riddled launch of HealthCare.gov, where uninsured Americans can buy health coverage. Here are five questions about what’s happened.
The penalty for not buying health insurance by March 31, 2014 was $95 per adult or 1 percent of your income. The tax penalty for 2014 increases to $325 or 2 percent, whichever is higher. On Thursday, officials announced an addendum: 2 percent of your income up to $2,448 per person and $12,240 for a family of five.
The White House didn't like the recent Congressional Budget Office report showing that a $10 minimum wage would cost the economy 500,000 jobs. Director Douglas Elmendorf defends both the report and the CBO's work in hyperpartisan times.
Gleckman explains the tough politics of having, and reducing, a deficit.
U.S. farm bill has cleared its final hurdle in the senate, and final passage is expected as early as Tuesday. The $1 trillion farm bill trims food stamps for the poor, expands federal crop insurance, consolidates agricultural conservation programs and ends direct payments to farmers.
Over the years, tax policy has been a key tool in keeping the safety net that protects the nation's poor intact.
Under new legislation, tax subsidies for mass transit commuters is cut in half for 2014, while drivers got a boost to their tax breaks. This makes no sense.