5 Years After Lehman Crash: ‘Dark Times’ Ahead
Janet Tavakoli and other commentators talk of violated American principles, the death of capitalism and “dark times for the future of the republic.”
Five Years After the Crisis, Can We Prevent the Next One?
The U.S. has made progress, but measures like money-market fund regulation are needed to avert future financial instability, a Fed governor says.
Why Not Just Fall Off the Fiscal Cliff?
Contrarians and some politicos on both the left and the right have started to ask the forbidden question: Why not just fall off the fiscal cliff?
Simpson, Bowles: To Fix Fiscal House, ‘We Need Patriots, Not Panderers’
Alan Simpson and Erskine Bowles’ blunt, tough message on fixing the fiscal mess gets a warm reception among Schwab Impact attendees.
Deficit Reduction Deal: 3 Dueling Plans to Achieve It
As the politicians prepare their negotiation stances ahead of Friday's White House budget talks, liberal and conservative economists are offering their ideas on how to solve America’s growing fiscal gap.
9 Crucial Eras in U.S. Income Tax History
Listen to Obama and Romney debate tax policy today and you'll hear echoes of the past, all the way back to the Civil War.
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.”
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.
Fed Critics Hot Under Collar Over Dollar-Swaps to Europe
The Fed’s decision two weeks ago to lower the cost of dollar funding to liquidity-starved European banks has aroused criticism on the both the left and right, but also strong words from a noted bank analyst.