Reduction in Social Security Payroll Taxes Due to Expire
In 2010, the U.S. Congress cut the Social Security payroll tax from 6.2 percent to 4.2 percent for 2011 as part of a compromise...
Economics
Another Large Co. May Shrink or Close Due to ObamaCare, Higher Taxes
After 42 years of building an immense real estate and time share company, with...
2nd Quarter Growth Slower Than Thought (GDP 1.3% Growth)
The U.S. economy grew slower than previously reported during the second quarter of the...
Is the Fiscal Cliff “Taxmageddon,” or Too Little, Too Late?
The anti-tax foundation Americans for Tax Reform has labeled the end of the Bush-era...
Business Economists Want Higher Taxes, Spending Cuts
To hurdle the federal government’s looming “fiscal cliff,” Congress and the president must enact...
U.S. Economic Freedom Plummets to 18th Place Globally, Study Shows
Due in large part to an explosion of government spending and less secure property...
U.S. Credit Rating Downgraded
The Federal Reserve has announced that it would begin yet another round of quantitative...
Obama Administration Adds 11,000 Pages of Regulations
As the real unemployment rate hovers around 19 percent, with more Americans dropping out...
Unemployment Still High; Not for Government Workers
While a record number of Americans are not currently in the labor force, according...
Study: As U.S. Drops Again, Swiss Economy Still Most Competitive
The United States dropped in the Global Competitiveness Index ranking for the fourth year...
Romney Says He Would Replace Bernanke at Fed
GOP presidential contender Mitt Romney has announced that he would not reappoint Federal Reserve...
CBO Projects Recession in 2013
The Congressional Budget Office released its economic analysis for 2013 in its annual summer budget update...
Europe Must Further Centralize Fiscal Power, Claims Fed Boss Bernanke
As American lawmakers debate reining in, auditing, reforming, or even abolishing the controversial Federal...
Led by Rep. Ron Paul, Congress Explores Sound Money
As concerns over the U.S. dollar and the Federal Reserve continue to grow, U.S....
Fed Considers Pre-emptive Stimulus
Some members of the Federal Reserve are encouraging the Fed to make policy changes...
Congress Debates Estate Tax Increase
The class warfare rhetoric that accompanies the tax debate is reigniting as congressional lawmakers...
Scranton Pa. Can’t Kick the Can, Cuts Salaries to Minimum Wage
After conferring with the city’s business administrator, Scranton, Pennsylvania, Mayor Chris Doherty announced on...
Feisty, Fearless Economist Anna Schwartz Dead at 96
Best known as the co-author, along with Nobel Prize winning economist Milton Freidman, of...
Congress Debates the Federal Reserve: Reform or Abolish?
In a rare moment of bipartisan unity, lawmakers and economists on both sides of...
Rep. Duncan Hunter Wants BLS to Report Real Unemployment Rate
Rep. Duncan Hunter (R-Calif.) is renewing his push for legislation that would amend how...