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President Obama raised eyebrows during his inaugural address last month when he put the fight against long election-day lines in the context of the nation’s movement toward “tolerance and opportunity, human dignity and justice.” Now the New York Times says Congress is preparing for a showdown on the
Blog
Brenden Timpe
For some Americans, tax refunds are a yearly treat, an opportunity to build savings, or even splurge on a vacation. For others, living paycheck to paycheck amid lingering recession, the refunds become a lifeline, leaving them vulnerable to tax preparation firms who prey on their desperation
Blog
Ilana Novick
Alfred Carpenter, 52, was working for a high-end shoe store in 2007, when the recession put the company out of business. A long-time salesman, Carpenter wasn't worried about getting another job, but then broke an ankle a few months later and ended up in the hospital. With no insurance and a $50,000
In the media
Kathy Kristof
The Department of Justice has brought a civil suit against Standard & Poor’s, the credit rating agency, that centers on the decisions that S&P made concerning models it used to evaluate default risk for mortgage-backed securities prior to the financial crisis. Default risk was central to the credit
Blog
Wallace C. Turbeville
A new report from the non-partisan Congressional Budget Office adds to the mounting evidence that spending cuts have held back America’s economic recovery. According to the CBO’s budget and economic projections for the next decade, released on Tuesday, middling GDP growth over the past year is
In the media
Ned Resnikoff
At the latest count, more than 5.6 million young adults ages 18 to 34 are officially unemployed.
Blog
Catherine Ruetschlin
Perla Saenz went back sore and exhausted just four weeks after giving birth—and two weeks after the incision from her C-section reopened. (She had heard her older child cough in the night and instinctively tried to pick him up, forgetting for a moment her doctor’s warning against lifting anything
Blog
Sharon Lerner
Perla Saenz went back sore and exhausted just four weeks after giving birth—and two weeks after the incision from her C-section reopened. She had heard her older child cough in the night and instinctively tried to pick him up, forgetting for a moment her doctor’s warning against lifting anything
In the media
Sharon Lerner
Compared to the rest of the advanced world, the United States offers famously weak protections to workers. For instance, employees in every other developed country are guaranteed vacation by law, often a few weeks. Americans workers don't even get a single day under Federal labor rules. New mothers
Blog
David Callahan
We should be done by now with the idea that a corporation is a single thing. Corporations contain a multitude of conflicting interests and are much more like miniature governments with their own governance structures and election systems than is commonly recognized. While these structures are far
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