News

If Only Laws Were Like Sausages

A single cook, a specific recipe, quality control and uniform production — a visit to a real sausage factory suggests Congress could learn from the wurst. Read more…

Senate blocks legislation to extend Bush-era tax cuts

The Senate on Saturday rejected two Democratic proposals to let tax cuts for the wealthiest Americans expire, a symbolic but bitter defeat that now forces the Democratic majority to compromise with Republicans or risk allowing tax breaks to lapse for virtually everyone at year’s end. Read more…

For Obama, will it be Truman or Clinton?

In the weeks after his election two years ago, President Obama was often linked to two other presidents, Franklin D. Roosevelt and Abraham Lincoln. Today, Democrats debate whether he should act more like Harry Truman or Bill Clinton to avoid becoming another Jimmy Carter. Read more…

Senate bid to renew "middle-class" tax cuts fails

WASHINGTON (Reuters) – Democratic measures to extend tax cuts for most Americans failed in the Senate on Saturday as Republicans — and some Democrats — blocked them because they did not also extend low rates for the wealthy. Read more