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No, Nancy Pelosi, the recently enacted tax bill does not “raise taxes on a breathtaking 86 million middle class households.” By focusing on the distributional effects of the GOP tax plan — in an...
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Senator Sherrod Brown (D-OH) and Representative Richard Neal (D-MA) introduced legislation last week that would create a new Pension Rehabilitation Administration within the Treasury Department. The...
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In the aftermath of Hurricane Maria, officials at the Puerto Rico Electricity and Power Authority (PREPA) told residents to expect six months without power. The commonwealth’s antiquated power grid...
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Hurricane Irma was still a Category 5 storm when it ravaged the U.S. Virgin Islands last week. Damage to the territory’s tourism infrastructure may compel the government to use the bankruptcy process...
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The latest debt ceiling drama illustrates why the U.S. Treasury is not a triple-A-rated borrower. The fact that two of the big three rating agencies maintain top ratings on U.S. bonds suggests that...
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Our country has a massive shortage of kidneys. As a result, many donation candidates endure years of dialysis, costing them quality of life and costing taxpayers billions.
According to government...
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The strong reception for former Microsoft CEO Steve Ballmer’s new project, USAFacts.org, shows our hunger for reliable, unbiased information from which we can reach our own conclusions.
The public...
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As they return from recess, Senate Republicans face the decision of whether to fix their health care plan or let it die. The Better Care Reconciliation Act (BCRA) has received a barrage of media...
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Earlier this month, ISIS claimed to have taken Tora Bora, Osama bin Laden’s old hideout in Afghanistan. The Taliban immediately denied ISIS’s claim, insisting that it still held the area. But, in...
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Most observers trace Puerto Rico’s financial crisis to a long economic recession on the island, a downturn that is often blamed on Congress’ decision to phase out the tax exemption on Puerto Rican...
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Hillary Clinton and John McCain ramped up Russia demonization to new levels this week. Politicians, intelligence officials, generals and cable TV pundits are trying to convince us that the Putin...
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As the large Baby Boomer generation enters its golden years — 10,000 people a day are now turning 65 — twin retirement crises have emerged.
In the private sector, defined benefit pensions have...
