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The Magic Of The Flat Tax

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 [...]

2/3 of Privacy Caucus Leadership Votes For the Patriot Act

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 [...]

Cosponsorship Networks in the U.S. Senate as of March 1, 2009

Cosponsorship, the act of registering one’s name as an official supporter of a bill, is a common activity in the United States Senate. Although the 111th Congress is less than two months old, 1753 cosponsorships for 495 Senate Bills and 11 Senate Joint Resolutions have been officially registered. That’s an average of 3 cosponsorships per [...]

Citi From Bigger To Bigger and Badder

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. [...]