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Daily business news and economic stories
  • Tax revenues are way up, President Bush touted yesterday, so the budget deficit will be almost $130 billion smaller than predicted this year. But commentator Robert Reich says the administration's numbers still don't add up.

  • Commentator Robert Reich argues Republicans, as much as Democrats, stand to score political points by boosting the minimum wage.

  • Commentator Robert Reich says the time has come to declare the housing boom officially over.

  • Commentator Robert Reich warns Fed Chief Ben Bernanke not to become too focused on inflation and miss possible warning signs of deflation.

  • Jun 15, 2006

    Hard times for UAW

    The United Auto Workers' ranks have shrunk by more than half in 25 years. But, says commentator Robert Reich, there are still plenty of jobs for American auto workers — it's the quality of jobs that's changed.

  • Commentator Robert Reich argues that repealing the estate tax would cost the US Treasury $1 trillion in 10 years — and sap entrepreneurial gumption from the growing ranks of trust-fund Americans.

  • Commentator Robert Reich says his former college classmate — newly-nominated Treasury Secretary Henry Paulson — needs to do more than sell President Bush's policies to help the economy. He has to reverse them.

  • Congress is working to forge a combined pension overhaul and tax cut package before Memorial Day recess. Commentator Robert Reich says there's one thing everyone should agree on: Require companies to honor pension obligations.

  • President Bush signed the $70 billion tax cut into law today — and Congress is looking at cutting another $23 billion. Commentator and former Labor Secretary Robert Reich wonders why we keep cutting taxes when we're spending so much money.

  • Commentator Robert Reich argues the very idea of a democratic Internet is threatened by the so-called net neutrality bill working its way through Congress.