Yesterday, Richard Shelby, a U.S. Senator from Alabama, introduced S. 173, “A bill to repeal the current Internal Revenue Code and replace it with a flat tax, thereby guaranteeing economic growth and fairness for all Americans”.
Does Senator Shelby truly believe that a flat tax – meaning that low paid workers have to contribute the [...]
It may sound like a setup for a SNL skit, but it’s true: the membership list of the Congressional Privacy Caucus remains private. The Congressional Member Organization has registered as an official caucus of the 112th Congress but hasn’t updated its leadership since Co-Chair Christopher Dodd left the Senate to take up a position as [...]
Citigroup might gain a bit more cash in the short term through another merger, but it’s already burned through 25 billion dollars in government handouts in just a few weeks. Mergers are part of the problem, not part of the solution. [...]