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Assuming some short-term deal emerges in Washington to avert a default, pending later budget talks, we all know what comes next: Another dead-end debate over taxes. Why? Because if there's one issue that conservatives in Congress are even more implacable about than Obamacare it's taxes -- as in, no
Blog
David Callahan
If you think that only banks and other traditional lenders get to gouge consumers with high interest rate loans, you're obviously behind on the evolution of American finance. These days, just about any service provider can offer loans with what used to be criminally high interest rates. And that
Blog
David Callahan

Millions are working hard to move forward, or just to make ends meet, and getting nowhere. This policy agenda can change that reality.

Research
Miles Rapoport
Jennifer Wheary
The debate over America’s federal budget is getting stale — and getting us nowhere, as the latest government shutdown depressingly reminds us. Political obsession over budget deficits has now morphed into legislative extortion.
In the media
Sam Pizzigati
The CATO Institute styles itself as the nation's leading defender of personal liberty, but don't count on these libertarians to watch your back in the face of any threats you may face from powerful private actors. No, CATO is only worried about threats posed by public entities.
Blog
David Callahan
Those Bush tax cuts are a gift that just keeps on giving. They are a big reason the national debt is so high, requiring huge interest payments, and a big reason that the Treasury faces such large shortfalls every month between what comes in the door and what goes out. Yet, somehow, conservatives
Blog
David Callahan
One of the most alarming aspects of a possible default is also one that gets the least attention: A default would raise the cost of federal borrowing, perhaps for years to come, and send the deficit soaring. If Treasury securities become, well, less secure, the United States will have to pay
Blog
David Callahan
Where does the corporate bottom line end and the public interest begin? Through the voodoo economics of federal contracting, Washington's "partnerships" with private corporations have drained the public trust straight into the pockets of top corporate executives.
In the media
Michelle Chen
Growth doesn't work. It doesn't deliver the claimed social and economic benefits.
Blog
James Gustave Speth
The CFPB released a report this week that should serve as a reminder of what a functional Congress could accomplish. The report highlights the ways in which the 2009 Credit CARD Act has succeeded. Their findings:
Blog
Joseph Hines