Regulatory policies are expected to play a significant part in the agenda of the new Congress. Congressional leaders have indicated in particular that they will be holding hearings on EPA regulations that would affect the operation of coal-fired power plants, and on aspects of the Affordable Care Act and the Dodd-Frank financial reforms.
You might be under the impression that America's poor are only poor by American standards. After all, the United States is a rich nation, and hey, practically anyone here can at least afford a decent TV.
Unfortunately for voters, the $3.7 billion spent over the most recent election cycle did not come with a gift receipt. Despite being rung up as the most expensive midterm in US history, nearly two-thirds of Americans sat out the election -- the lowest voter turnout in more than 70 years.
Recently re-elected Governor Andrew Cuomo likes to complain that he's "a progressive Democrat who's broke." Here's a simple way to raise millions of dollars and make the economy safer at the same time: a small tax on financial transactions. Politically impossible? Not in New York, where Governor Cuomo could lead the way to reinstate New York's Stock Transfer Tax, which remains on the books but currently is not collected.
Nearly half of the nation's employers investigate job applicants' credit histories as a condition of employment.
As a result, New Yorkers struggling with debt -- medical bills, school loans or car payments -- are often shut out of jobs. This unfair barrier to employment can be dismantled by outlawing employment credit checks.
Democratic Council Members Brad Lander of Brooklyn and Debi Rose of Staten Island have introduced a bill that would ban such checks in hiring except when required by state or federal laws. The measure is supported by 40 council members.
It's been over a month since 18-year-old Vonderrit Myers, Jr. was killed by a St. Louis police officer. Details offered of the moments that led up to his death are today still sparse and sometimes conflicting. An investigation is underway, but there are already a few aspects of the incident that should raise questions.
Governor Andrew Cuomo has claimed that he’s “a progressive Democrat who’s broke.” But in his most recent executive budget, he proposes ending a little-known tax that could make all the difference. For the last century, New York State has had a stock-transfer tax, which taxes nearly every stock trade. Since 1981, it’s been instantly rebated—no money is actually collected—leaving potential revenue on the table even as financial profits skyrocket.