If Entitlement Programs Are Your Top Priority, the Fiscal Cliff Is Your Friend Baseline Scenario ...the expiration of the Bush-Obama tax cuts will, on its own, eliminate roughly half of the long-term gap between federal government revenues and expenses.* Higher tax revenues (raised through the individual income tax, which is the most progressive part of the tax code) will reduce the pressure to do something about entitlement spending...
Debt crisis: Eurozone in double-dip recession - live The Telegraph ...The eurozone has entered its second recession in four years, official data show, as the Dutch economy contracts sharply and Spain's job-killing recession drags on for a fifth straight quarter...
Zillow: 1.3 million fewer U.S. homeowners were in negative equity in Q3 Calculated Risk ...Slightly more than 14 million U.S. homeowners with a mortgage were in negative equity, or underwater, in the quarter, owing more on their mortgages than their homes are worth. That was down from 15.3 million in the second quarter...
61 Super PAC Donors Gave as Much Money as 1.4 Million Small Donors to Campaigns Center for Media and Democracy ...Approximately $1.28 billion was reported as being spent on the 2012 elections, almost half of it coming from the Super PACs made possible by the U.S. Supreme Court's decision in Citizens United v. FEC...
The Real Scandal Surrounding the Petraeus Resignation Huffington Post ...The FBI, if they thought they had a reason, could find out where you are and read your email, with relatively little oversight...
Michigan should avoid right-to-work sideshow (opinion) Detroit Free Press ...The ink's still drying on Tuesday's election results, but already there's word that the push to make Michigan a right-to-work state -- following the defeat of a proposed constitutional amendment to protect collective bargaining -- is gaining steam...
Teamsters, Esber settle dispute Canton Repository ...Members of Teamsters Local 92 approved a three-year contract Wednesday to end a strike that started Monday. The agreement includes pay raises and a higher health care premium...
