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Nearly every politician says they want tax reform, but it's hard to imagine many having an appetite for curtailing today's biggest tax expenditures -- particularly the home mortgage interest deduction. Or maybe that's wrong.
Blog
David Callahan
The FBI is reported to be looking into phone calls and theactions of four employees in its investigation into events surrounding the infamous “London Whale” trades that lost JP Morgan Chase upwards of $6 billion earlier this year. It has also been reported that the SEC is on the case.
Blog
Wallace C. Turbeville
The 4 th OECD World Forum on Statistics, Knowledge and Power begins tomorrow in New Delhi, India and will bring together roughly 1,000 participants to talk about alternative metrics beyond GDP. The theme of this year’s conference is, “ Measuring Well-Being for Development and Policy Making.” The
Blog
J. Mijin Cha
The Pew Research Center issued a deeply troubling study last year which found that black and hispanic households had suffered a much bigger decline in their net worth as a result of the Great Recession than white households. The net worth of hispanics went down by 66 percent between 2005 and 2009
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David Callahan
This week marks the fortieth anniversary of the Clean Water Act (CWA). In 1972, Congress overhauled the Federal Water Pollution Act and provided the basic structure for regulating the discharge of pollutants from point sources. The CWA gave the EPA the authority to set effluent limits on an industry
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J. Mijin Cha
As a politician who cut his teeth on the South Side of Chicago, Barack Obama was positioned to become the first urban president in decades, even since Teddy Roosevelt. His stimulus plan promised billions of dollars for infrastructure projects, including public transportation and multi-family housing
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Ilana Novick
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Joseph Hines
A robust vice-presidential debate continued a noticeable trend in this election season: climate silence. As tracked by Climate Silence, a joint project of Forecast the Facts and Friends of the Earth Action, climate change has not been mentioned even once in either the Presidential or Vice
Blog
J. Mijin Cha
As expected, Paul Ryan repeated one of the top mistruths of this election season last night -- namely that President Obama robbed Medicare of $716 billion to fund the Affordable Care Act. For months, various experts and news sources have pointed out what a distortion this is. As Politifact noted in
Blog
David Callahan
Martha Raddatz was deservedly praised as a moderator at the vice-presidential debate in Kentucky last night. But, reading the transcript again, maybe that praise was a bit overdone. Raddatz may not have been another empty seat, but her question on Social Security perpetuated a frequent myth.
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Joseph Hines