Bush’s Economic Policies Bankrupted U.S., Reagan Budget Director Says

Tracy Bloom / Truthdig Apr 1, 2013 David Stockman, who served as Ronald Reagan's budget director from 1981 to 1985, leveled some harsh criticism at his former boss as well as at President George W. Bush in an op-ed he penned about the dire state of the economy for The New York Times titled "Sundown in America." Dig deeper ( 2 Min. Read )

Spy Agencies to Have Access to Your Finances

Alexander Reed Kelly / Truthdig Mar 15, 2013 The Obama administration plans to give all U.S. intelligence agencies full access to a database that contains information on the financial activity of American citizens and others who bank in the country, a Treasury Department document seen by Reuters says. Dig deeper ( 2 Min. Read )

Rand Paul Gives Money to Treasury, McCain Gets Heckled at Town Hall, and More

Tracy Bloom / Truthdig Feb 22, 2013 A look at the day's political happenings, including a prominent Republican's endorsement of same-sex marriage and the fight over the looming sequester heats up on Twitter. Dig deeper ( 3 Min. Read )

Truthdigger of the Week: Elizabeth Warren

Alexander Reed Kelly / Truthdig Feb 17, 2013 At a Senate hearing Thursday, Elizabeth Warren exposed and shamed regulators for failing to prosecute banks that played a leading role in the financial crisis. Dig deeper ( 3 Min. Read )

Obama’s Debt Ceiling Gamble Depends on the GOP Being Sane

Robert Reich / Truthdig Jan 15, 2013 A week before his inaugural, Obama says he won’t negotiate with Republicans over raising the debt limit. But the president's strategy depends on there being enough sane voices left in the GOP to influence others. That’s far from clear. Dig deeper ( 3 Min. Read )

Obama Is Right on the Debt Ceiling

Bill Blum / Truthdig Jan 14, 2013 According to the Obama administration, there is nothing the president can do on his own to raise the ceiling or maneuver around it. As much as some of us may disagree, Obama is correct. Here's why. Dig deeper ( 5 Min. Read )

Colin Powell Talks GOP Racism, Paul Krugman Blasts Jon Stewart, and More

Tracy Bloom / Truthdig Jan 14, 2013 A look at the day's political happenings, including the Treasury Department's decision about minting a trillion dollar coin and another George Bush mulls a bid for public office. Dig deeper ( 2 Min. Read )

The Inconvenient Truth About Jack Lew

Robert Scheer / Truthdig Jan 11, 2013 I suppose that he can't be much worse than Timothy Geithner, but that should be scant cause for cheer over the news that the president has nominated Jack Lew as Treasury secretary. Dig deeper ( 3 Min. Read )

Why Bailouts Will Continue Until the Big Banks Are Broken Up

Robert Reich / Truthdig Jan 9, 2013 TARP -- the infamous Troubled Assets Relief Program that bailed out Wall Street in 2008 -- is over. The Treasury Department announced it will be completing the sale of the remaining shares it owns of the banks and of General Motors. But in reality it’s not over. Dig deeper ( 2 Min. Read )

How Bad Is Our Debt Problem and Will a Deal Fix It?

By Theodoric Meyer, ProPublica Dec 30, 2012 President Obama met with congressional leaders Friday in another attempt to avert the fiscal cliff -- the automatic tax increases and spending cuts set to take effect Jan. 1 unless Congress can strike a deal. The cuts and tax hikes are so large and so sudden that many economists fear they would plunge the country back into recession. Dig deeper ( 5 Min. Read )

GOP Pollster Rips the NRA, a ‘Meet the Press’ Police Investigation, and More

Tracy Bloom / Truthdig Dec 27, 2012 A look at the day's political happenings, including a new warning on the debt ceiling from Timothy Geithner and why it's probably not the most wonderful time of the year for President Obama and Congress. Dig deeper ( 2 Min. Read )

A Sign That Obama Will Repeat Economic Mistakes

Robert Scheer / Truthdig Dec 7, 2012 Reports in the business press tout a prime participant in the great banking hustle as a possible candidate to be the next Treasury secretary. Dig deeper ( 3 Min. Read )