Economy - Most Recent


The appetite for entitlement changes

May 30, 2011
Last week's special election in New York put a spotlight on the Medicare system. Now the question is: What kind of reform is possible in this political environment?

Senate blocks recess appointments next week

May 27, 2011
President Obama can't name heads of a few agencies, including the Consumer Financial Protection Bureau, over Memorial Day break. But the CFPB is already geared up for work.

Washington's debt default blemish

May 27, 2011
Amid brinkmanship over the debt ceiling, a reminder that the Treasury briefly defaulted in 1979. Would the consequences be graver this time?

Disaster aid gets caught up in deficit debate

May 27, 2011
Is tornado damage worthy of emergency aid? Some Republicans say federal disaster aid should be offset by other budget cuts to curb the deficit.

House GOP unfurls plan to create jobs

May 26, 2011
Except the ideas in the GOP proposal aren't new. One is lowering taxes across the board to 25 percent. We've had tax cuts before, so does the theory that they create jobs match reality?

Supreme Court upholds Arizona immigration law

May 26, 2011
The Supreme Court today upheld an Arizona law punishing businesses that hire undocumented immigrants. Some businesses opposed the law.
Posted In: Immigration

Treasury sells 200 million AIG shares

May 25, 2011
The U.S. Treasury has sold 200 million of its shares of AIG stock at $29 a piece. The sale lowered taxpayers' stake in the company from 92 percent to 77 percent .

AIG stock sale raises $8.7 billion

May 25, 2011
Part of the AIG stock sale included 200 million U.S. government-held shares. The sale raised about $5.8 billion for the government. Timothy Massad, acting assistant secretary for financial stability at the Treasury Department, explains why the government sold shares now, and what this means for TARP.

Analysis: Has Dodd-Frank solved the moral hazard problem?

May 25, 2011
Richard DeKaser, economist with the Parthenon Group, discusses the benefits of Dodd-Frank and the roll of lobbyists in the Financial Regulation Reform Act.

Defense Secretary Gates to outline Pentagon budget

May 24, 2011
Secretary Robert Gates is set to dictate Pentagon budget cuts before he ends his tenure at the Department of Defense. Michael O'Hanlon of the Brookings Institution explains.