Bernanke’s ‘Tragic Flaw’ Feeds Fed-Fueled Bubble: Fed Filmmaker
Jim Bruce, producer and director of "Money for Nothing," says Yellen shares Bernanke’s background; sees crash coming.
Ben Bernanke Joins Brookings Institution
Former Federal Reserve chairman to join 100-year-old think tank’s Hutchins Center for fiscal and monetary policy.
PIMCO’s El-Erian Sees Tiny Taper at Fed Meeting, Yellen as Frontrunner
Mohamed El-Erian says he expects a drop of about $10 billion to $15 billion in monthly asset purchases when the FOMC meets Tuesday and Wednesday.
The Numbers Don’t Lie: Boomers Nervous About Health Care, Social Security
The 2012 Retirement & Politics Survey by Allianz has found that “transition boomers”—people between the ages of 55 and 65 who are less than 10 years away from retirement—see rising health care costs and Social Security as having the greatest impact on their retirement outlook.
Medicare, Taxes, Retirement Are Targets in Hearing
Among the proposals was one to change the tax treatment of retirement plans.
Senate Finance’s Baucus: U.S. Headed Toward Fiscal Crisis Like Europe
Sen. Max Baucus, D-Mont., said Monday that any tax reform plan “must be developed with a sound budget in mind that reduces deficits and debt.”
Obama’s 2013 Budget Raises Taxes on Top Earners, Bolsters SEC Budget
President Barack Obama on Monday released his 2013 budget to Congress, which includes boosting taxes for higher income earners as well as allocating more funds to the SEC.
Rivlin: Time Is Running Out to Repair Economy
This presidential race is sure to draw sharp divisions on budgetary questions in 2012, but prominent policymakers are hoping a flickering of bipartisanship may keep alight the flame of cross-party cooperation long enough to stave off national financial ruin.
Bowles, Simpson Warning: Deficit Committee Must Cut More Than $1.2 Trillion
The two co-chairmen of the National Commission on Fiscal Responsibility and Reform warned lawmakers on Tuesday that any deal to reduce the federal budget deficit by no more than $1.2 trillion would “merely delay” the nation’s fiscal problems.
Distinguished Group of Former Politicians Calls for Deep Cuts
A bipartisan group of budget experts unveiled a bold plan to curb the deficit and overhaul the tax code Wednesday.