A payroll tax cut makes far better political and economic sense than expanding the child tax credit.
Americans prefer tax cuts and job creation to more regulations and job losses.
The Congressional Budget Office released their analysis of the group of deficit-fighting policies known as the "fiscal cliff." The top-line analysis: completely averting the contraction that would occur in 2013 and 2014 would cost $1.16 trillion - entirely deficit-financed.
Extending the payroll tax cut -- as the GOP leadership has now agreed with Democrats to do -- may be good politics, but it is lousy policy.
In the high stakes of political combat, perceptions can matter as much as, or more than, reality. Maybe that's why Barack Obama's numbers are creeping up in some polls.
“We’re going to accumulate our own list of the top ten things that $40 does not get you."
We would suggest raising the federal minimum wage in the U.S. to $8.00 per hour, with the increase taking effect in April 2012.
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