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By Jeff Madrick
$15.61
By Herman Melville
$22
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Flickr / SamPac
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One week after President Obama proposed his deficit reduction plan, the cries of “class warfare” that escaped the mouths of alarmed politicians and media pundits around the country can still be heard by anyone standing near a radio, television set or computer. (more)
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White House / Pete Souza
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On Monday, President Obama is expected to call for a new minimum tax rate for Americans making more than $1 million a year. The proposal will be called the “Buffett Rule,” after billionaire investor Warren Buffett, who has complained that rich Americans are not paying their fair share in taxes. (more)
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Flickr / Center for American Progress Action Fund
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Senate Democratic leader Harry Reid and Senate and House Republican leaders have announced their selections for the deficit-reduction “super committee.” The 12-person council will attempt to cut about $1.5 trillion in federal spending over the next decade. (more)
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Truthdigger of the Week: Sen. Angus King
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