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Multinational corporations have pushing hard over the last year for a repatriation tax holiday that would allow them to bring foreign profits back to the U.S. at a very low tax rate. They argue that such a giveaway would be a boon to the economy because those accrued profits -- over $1 trillion --
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David Callahan
It's finally over. Today marks the formal end of the nine-year U.S. military intervention in Iraq, although of course we are far from fully disentangled there with two military bases remaining on Iraq soil and 4,000 troops.
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David Callahan
Recommended Reading: Bloomberg Businessweek's " How Inequality Hurts the Economy" by David J. Lynch. People have been making this argument for a while now -- inequality hurts growth because channeling wealth to the few simultaneously concentrates risk -- but Lynch's piece overwhelms because it lays
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Rakim Brooks
Chalk one up for Occupy Wall Street. Last Thursday, the New York State legislature voted to raise taxes on high-earners after Governor Andrew Cuomo reversed his longstanding opposition to such a move. Cuomo cited a large budget gap in explaining his about-face, but that gap is hardly new. What is
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David Callahan
In recent years, the debate about immigration in the U.S. has focused largely on how best to expel the undocumented: more border security, bigger fences, and even moats have been proposed. It’s refreshing, then, to hear new ideas that acknowledge the humanity of those who immigrate to the U.S
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One exciting thing about politics today, for all the dysfunction, is that we are living in an era of big and sweeping visions. The conservative plan for America -- say, as encapsulated in Paul Ryan's Roadmap for America -- would be devastating for many ordinary people, but you can't accuse the right
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David Callahan
"It is something out of the Stalinist Era," says Lindsey Graham. Perhaps the esteemed senator from South Carolina is angered by the CIA drone attacks? Or the Justice Department's kneecapping of FOIA, whereby the Agency seeks license to "lie, and claim records do not exist, when they do"?
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Elon Green

On Tuesday, December 13th, the Congressional Progressive Caucus unveiled the RESTORE the American Dream for the 99% Act. The bill, if passed, would create more than 5 million jobs and save more than $2 trillion. This is a comprehensive plan to put America back to work by reversing the failed

Policy Briefs
Newt Gingrich recently railed against increased food security for the poorest and unluckiest in our society. On Nov 30, he insulted Obama by calling him the “ best food stamp president in history.”
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