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Social Security checks are going up $63 a month for the typical retiree, the largest increase in more than a quarter century but likely to seem puny to the millions who have been watching in horror as Wall Street lays waste to their retirement nest eggs. ...more
October 17, 2008
Democratic vice presidential candidate Joe Biden says that paying higher taxes is the patriotic thing to do for wealthier Americans. ...more
September 18, 2008
ST. PETERSBURG In a town hall meeting in St. Petersburg Friday, Barack Obama used a town hall meeting in St. Petersburg Friday to outlined a new economic stimulus plan he wants Congress to enact even before he takes office, to be paid for with a windfall profits tax on oil company profits. ...more
August 1, 2008
When people are panicking, it's hard to stop the stampede with talk about cutting a "federal funds rate." Economic fears on Wall Street and around the world are making people and businesses hunker down, and that could make recession worries come true - a vicious cycle the Federal Reserve, White House and Congress may be hard-pressed to break. ...more
January 23, 2008
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