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The tax woes of politicians

Apr 8, 2011
Every so often, with some regularity, politicians get in trouble for failing to pay their taxes. So, why does it seem politicians make mistakes most of the rest of us don't?
Posted In: Taxes

Will the potential 2011 shutdown resemble the one in 1995?

Apr 8, 2011
Jill Schlesinger of CBS/Moneywatch examines the possible government shutdown and compares it to the shutdown the government saw in 1995 and 1996.

Trying to find compromise before a government shutdown

Apr 7, 2011
Republican Congressman Jason Chaffetz discusses the GOP's side of the budget discussions.

Europe minds the U.S. government shutdown

Apr 7, 2011
The BBC's Rebecca Singer explains why economists and investors are watching the U.S. budget situation closely.

A federal shutdown has economic consequences

Apr 7, 2011
If the government closes for just a few days, the economic effect amounts to a bad blizzard. If it lasts longer, it could affect the fragile economic recovery.

The debt ceiling explained

Apr 7, 2011
Why the U.S. debt ceiling is such a big deal, and what could happen if it's not raised.

Shutdown boils down to essential vs.non-essential programs

Apr 6, 2011
As the government faces a potential shutdown over failing budget negotiations, federal employees are being divided into two camps: essential and non-essential.

What a government shutdown means for the economic recovery

Apr 6, 2011
The ongoing budget standoff on Capitol Hill means a shutdown of the federal government could be on the way. Economist Diane Lim Rogers explains what a government shutdown would mean for the economic recovery.

Possible government shutdown threatens Tax Day, foreign aid

Apr 6, 2011
As the clock winds down on negotiations to avoid a government shutdown, agencies like the IRS and programs that provide foreign aid wait to see how a shutdown would affect operations.

Supply side economics underpins Ryan budget roadmap

Apr 6, 2011
Rep. Paul Ryan's roadmap says slashing spending and taxes would generate billions in tax revenues, a new housing boom, and give us 2.8 percent unemployment by 2021. Really?

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