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Daily business news and economic stories
  • Mortgage payments are on the rise for homeowners who took advantage of that sub-prime loan frenzy a few years back. As many as 20 percent could lose their homes, fears commentator Robert Reich.

  • Every new public policy creates its winners and its losers. Commentator Robert Reich says, when it comes to making winners of consumers, the president's healthcare proposal falls short.

  • Ethics and lobbying reform are getting a lot of play on the Hill this week, but commentator Robert Reich says the legislation on the table isn't going to change how the system works in Washington.

  • Robert Reich says a Democratic plan to let the federal government negotiate with drug companies for lower Medicare prescription costs doesn't go far enough.

  • Congress is expected to increase the minimum wage after Democrats take control this week. President Bush wants tax breaks for small businesses as a concession, but Robert Reich says that's just not necessary.

  • Robert Reich takes a hard view of 2006's bribes, bonuses and scandals in Congress and the corporate world.

  • Americans are expected to give a collective record $200 billion in charitable donations this year. But commentator Robert Reich says we need to limit tax deductions for donations to real charities.

  • In January, Democrats will take charge on Capitol Hill. But commentator Robert Reich says don't look to them to change the things they campaigned against.

  • Commentator Robert Reich says all this talk about Wall Street losing its competitiveness is nonsense — and that the regulations many want to kill provide the very security that attracts foreign money to U.S. markets.

  • Democrats want to use Medicare to negotiate lower drug prices for seniors. Republicans and drug companies say it'll amount to government price controls. Commentator Robert Reich says that's absurd.

Commentary