A record turnout of nearly 3 million people voted in Venezuela's opposition presidential primary yesterday, selecting Henrique Capriles Radonski as the candidate.
With more than 13 million Americans out of work and wage increases so modest they’re failing to keep up with inflation, voters have put the economy and jobs at the top of their checklist of presidential issues. The Republican candidates all share the same broad approach: Spur private-sector confidence and job creation through permanent tax cuts, reduced federal deficits, and lighter regulatory burdens on businesses. In the same vein, they generally call for efforts to boost trade, encourage domestic oil and gas production, and limit the power of organized labor. But who has the best economic plan?
Newt Gingrich is a big ideas guy. Ask anybody. Some of the ideas end up working, like the one a couple of decades ago that the Republican Party could actually take control of the House after 40 years of Democratic rule. Others are a little out there. An elaborate system of space mirrors to light highways? Check. Say what you will, but at least the former House speaker – and now the clear front-runner for the Republican presidential nomination – has a fertile imagination. Here are some of his more unusual ideas.
Ahead of today's second round in Egypt elections, secular candidates took a page out of the Islamists' book and engaged in a punishing schedule of grass-roots campaigning.
Payroll tax plan from House Republicans would extend Social Security payroll tax and unemployment benefits, although trimmed from current levels.
A look at four central players in the eurozone crisis, and what they want.
Health insurance program costs Maine $40 million in the past two years, says governor, who's expected to unveil plan that cuts the health insurance initiative.
Governments have collapsed. Bailouts have run into the hundreds of billions of euros. Greece is drowning in debt, Italy ousted longtime leader Silvio Berlusconi in a bid to claw its way out, and Spaniards rejected the ruling Socialists, hoping that political change might spare them the woes of their neighbors. Still, the two-year debt crisis builds. How did the eurozone get here? The graphics below paint part of the picture: untaxed shadow economies, low productivity, and deficit spending. While deficits have been curtailed significantly since 2009 due to austerity measures, some see deeper systemic problems. Take Greece. "For 10 years, investors basically believed that Greece was Germany," says Jacob Kirkegaard, of the Peterson Institute for International Economics in Washington. But, he says, Greece is "fundamentally a corrupt, dysfunctional government that is unable to raise enough tax revenue to pay for all of its expenses." Then there's Spain. The size of its debt relative to its economy is a manageable 67 percent, but sluggish growth undermines investors' faith that it can repay loans. Those who lost money in Greece are in no hurry to lose more in Spain.
If China's economy falls, the rest of the world goes with it
Sen. Patty Murray (D) of Washington rose to political prominence by espousing an environmentalist agenda. She also gathered grassroots support to strike down proposed preschool program budget cuts.