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Deadlines loom for Congress
The House and the Senate face a number of decisions before they can head off for the holidays. Is another government shutdown possible?
PODCAST: Waiting to exhale on Europe, the CFPB, and payroll tax cuts
SAUL LOEB/AFP/Getty Images
President Obama continues his quest to extend payroll tax cuts, and delivered a big speech on the economy yesterday in Kansas. Republican Presidential Candidate Newt Gingrich is ahead in the polls, but far behind in raising funds for his campaign. The fate of the Consumer Financial Protection Bureau remains unknown, and today the FDA decides whether one drug should be sold over-the-counter.
President Obama takes aim at rising inequality
Yesterday, the president spoke about the loss of the American dream. But just how much is the middle class really shrinking?
PODCAST: The U.S. weighs in on Europe
Sean Gallup/Getty Images
The latest threat for Europe comes from Standard & Poor's: a possible downgrade of 15 countries if the debt problems continue. Irish citizens are bracing for the fourth year of austerity. Author Robert Neuwirth says the informal economy could soon make up two-thirds of the world's workforce. Pollution in China could be a benefit for the U.S., and Microsoft sets out to revamp XBox Live.
Payroll tax decision nears end of the year deadline
Senate Democrats want another vote this week on extending a payroll tax cut for workers. But Republicans say they can't support the Democratic proposal.
Obama invoking Theodore Roosevelt
The president speaks in Osawatomie, Kansas, where Roosevelt laid out his "square deal" for the middle class in 1910. Obama has a modern day version.
President Obama pushes for payroll tax extension
A tax hike could be in store for all Americans at the start of next year if Republicans and Democrats in Washington can't agree. The current payroll tax cuts put money into the pockets of consumers.
Who’s benefiting from a payroll tax cut?
Fortune Magazine's Allan Sloan explains the payroll tax cut, and who is benefiting the most from them.
Payroll tax cut extension still in limbo
Extending the payroll tax cut failed in the Senate over divisions on how to pay for it. If it isn't paid for, that diverts money from Social Security.
Do payroll tax cuts help the economy?
The Senate yesterday failed to agree on a deal that would extend payroll tax cuts, a key part of President Obama's stimulus

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