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INTRODUCTION In the three decades after the Second World War, low- and middle-income households enjoyed income gains that grew in tandem with rising GDP levels and actually outpaced the gains enjoyed by the richest households. In short, if you wanted to report how “the U.S. economy was doing” or

The Supreme Court will hear arguments on Tuesday in McCutcheon v. Federal Election Commission, a case that's been dubbed "the next Citizens United." The plaintiff, GOP donor Shaun McCutcheon, and his conservative allies say the case is about getting rid of restrictions on political spending that

WASHINGTON DC -- Today, oral arguments in the case of McCutcheon v. FEC brought protesters to Washington in an effort to urge the high court to uphold the constitutionality of aggregate campaign contribution limits, in the most significant big money in politics case since Citizens United v. FEC

If you think we need more money influencing politics in America, then today could be a great day for you. The Supreme Court is hearing arguments this morning in McCutcheon v. Federal Election Commission (FEC), a case challenging the overall limits an individual can donate to political action

Those Bush tax cuts are a gift that just keeps on giving. They are a big reason the national debt is so high, requiring huge interest payments, and a big reason that the Treasury faces such large shortfalls every month between what comes in the door and what goes out. Yet, somehow, conservatives

Removing the limits on total campaign contributions by a single donor, a restriction now before the Supreme Court, would lead to a huge increase in giving by a small group of very wealthy Americans, according to a new report released Friday.

Where does the corporate bottom line end and the public interest begin? Through the voodoo economics of federal contracting, Washington's "partnerships" with private corporations have drained the public trust straight into the pockets of top corporate executives.

The big donors behind the crisis in Washington are finally being called out by the mainstream media. Yesterday, the New York Times had a major investigative piece about how the Koch brothers and other major conservative donors pushed the Republican Party toward its current extreme strategy of trying

Growth doesn't work. It doesn't deliver the claimed social and economic benefits.

One of the most alarming aspects of a possible default is also one that gets the least attention: A default would raise the cost of federal borrowing, perhaps for years to come, and send the deficit soaring. If Treasury securities become, well, less secure, the United States will have to pay