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Obama Signs Massive Tax Bill, Hails Deal With GOP

WASHINGTON (Dec. 17) -- While liberals seethed, President Barack Obama saluted a new spirit of political compromise Friday as he signed into law a huge tax bill extending cuts for the rich - benefits he had steadfastly denounced - along with billions of dollars in help for the middle class and jobless workers. "It's a...

Opinion: Enough Already With the Temporary Tax Fixes

(Dec. 17) -- The swift passage of the $858 billion tax deal for a temporary extension of current rates hammered out by President Barack Obama and the Republican leadership is being advertised as refreshing evidence of how both sides can work together to find common ground. But what it really shows is the widening division...

Fed Cites Unemployment in Sticking With Bond Plan

WASHINGTON (Dec. 14) -- The Federal Reserve said Tuesday it will maintain the pace of its $600 billion Treasury bond-buying program because a slowly improving economy is still too weak to bring down high unemployment. Fed policymakers said they'll continue to monitor the bond-buying program. They left open the option of...

Opinion: Want to Balance the Budget? Get Out the Chainsaw

(Dec. 10) -- In late November, President Barack Obama proposed a two-year wage freeze for federal workers as part of an effort to cut spending and rein in deficits. A week later, he announced a tax deal with Republicans that would, among other things, extend unemployment benefits, adding $56 billion in spending. And then...

Opinion: Show Some Gratitude to the Rich

(Dec. 9) -- I have an idea for a monument in our nation's capital. I envision a big bronze and granite statue that would honor an entire group of Americans who are true heroes, and unsung heroes at that. It is time -- no, make that long past time -- to pay tribute to those to whom this nation of ours owes a great debt;...