Alexander Reed Kelly / TruthdigApr 14, 2013
The senator stood before a crowd of retirees, veterans and their supporters Thursday to point out that the president's proposal for a "Chained CPI" adjustment to the calculation of retirement benefits would wreak destruction on the lives of elderly and disabled Americans. Dig deeper ( 1 Min. Read )
Alexander Reed Kelly / TruthdigApr 11, 2013
The president is following through on his intention to abandon the welfare of elderly and disabled Americans in a budget deal that would cut $130 billion from programs like Social Security over the next 10 years, and that could starve the system in the long run. Dig deeper ( 2 Min. Read )
Alexander Reed Kelly / TruthdigJan 3, 2013
Phony-baloney tax cuts, a delay in spending reductions, an increase in the deficit and lots more work to be done -- Heidi Moore at The Guardian details the fiscal cliff solution that isn't. Dig deeper ( 2 Min. Read )
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Staff / TruthdigFeb 4, 2012
Though many conservatives would rather not discuss it, not all taxes are created equal. Sure, the federal income tax is progressive (though less so than in the past), but payroll and state taxes -- which include levies on income, property, sales and various fees -- are not, and the differences between the top 1 percent and the bottom 20 percent can be large. Dig deeper ( 1 Min. Read )
Eugene Robinson / TruthdigDec 27, 2011
History will little note nor long remember that the payroll tax holiday was extended for two months rather than 12. The complex and difficult questions we're avoiding, however, may haunt us through the century. Dig deeper ( 3 Min. Read )
Eugene Robinson / TruthdigDec 23, 2011
Finally. After a year of artful camouflage and concealment, Republicans let us glimpse the rift between establishment pragmatists and tea party ideologues. There may be hope for the republic after all. Dig deeper ( 3 Min. Read )
Staff / TruthdigDec 22, 2011
So here we are, well into the thick of the holiday season, and no agreement has been reached on Capitol Hill about extending unemployment benefits and keeping payroll taxes from sudden escalation as the new year begins. Thus, President Obama dialed up a couple of key members of Congress, as spokesman Jay Carney described Wednesday. Dig deeper ( 1 Min. Read )
Staff / TruthdigDec 21, 2011
Once again, folks, we have deadlock on Capitol Hill. Happy holidays! Although President Obama and the majority of the U.S. Senate hoped that the House of Representatives would cooperate and pass legislation that would extend unemployment benefits and a payroll tax break, that didn't happen Tuesday. Dig deeper ( 1 Min. Read )
Staff / TruthdigDec 7, 2010
Based on what The New York Times describes as President Obama's "substantial concessions to Republicans," Democrats in Congress have reason to fret Not only did Obama agree to extend the Bush tax cuts for the wealthy, but he caved in to Republican demands to neuter the estate tax (more). Dig deeper ( 1 Min. Read )
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