RSS RSS 2.0 Feed

How Will Obama Pay for His New Tax Breaks for Businesses?

The Obama administration is this week proposing a series of expensive tax breaks for businesses as part of a larger effort to create new jobs: $100 billion to make permanent a research and development tax credit and $200 billion to let companies to deduct the full cost of the capital investment next year.

Obama said that he and Congressional leaders will find a way to make the measures deficit-neutral. But where will the $300 billion come from?

more »


Chipping Away at ‘Sanctuary Policies’ in Utah

A proposed Utah immigration law that would allow police and federal immigration officials to access Utah’s driving privilege-card database could scare some illegal immigrants away from obtaining licenses, immigration attorneys told the Salt Lake Tribune this weekend.

more »


How Much Happiness Money Will Buy

An interesting review of the scientific literature from The Associated Press:

People’s emotional well-being — happiness — increases along with their income up to about $75,000, researchers report in Tuesday’s edition of Proceedings of the National Academy of Sciences.

more »


Castle Takes Aim at O’Donnell in Delaware

Taking a cue from Joe Miller’s upset victory over Sen. Lisa Murkowski (R-Alaska) last month, Rep. Mike Castle (R-Del.) is taking no chances a week before his Senate primary contest against Tea Party-backed candidate Christine O’Donnell. Unlike Murkowski, who only failed to take her challenger seriously until it was too late, Castle is up with an ad today that pulls no punches in its attacks against O’Donnell.

more »


Right Wing Jewish Group Drums Up Fears About Sestak’s Record on Israel

When former Sen. Chuck Hagel reached across the aisle last month to endorse Rep. Joe Sestak (D-Pa.) for the Senate last month, Sestak gladly accepted the honor as a sign of his moderate politics and cross-party appeal. To a certain group of conservative Jews, however, it was further proof that Sestak was a bad choice for the state of Israel — and they’ve now launched internet ads to try to drum up fear about his candidacy.

The ad in question spends a lot of time criticizing Hagel but is rather short on Sestak’s particular shortcomings.

more »


Crossroads GPS Cloaks Political Ads to Avoid Disclosure

Crossroads GPS is spending a lot of money attacking Sens. Michael Bennet (D-Colo.) and Harry Reid (D-Nev.) on the airwaves, but they’re using a clever trick to hide their donor lists and keep the ads considered “issue ads,” as opposed to a form of express advocacy. The trick is that while the entirety of the ads attack the candidates quite broadly, the last frame urges the viewer to tell their senator to “vote no on S.Amdt 4594.”

more »


Let the Housing Market Crash?

This weekend, the New York Times featured an unusual story on housing. Its argument goes like this: The government has done a lot to ensure that home prices do not slide too precipitously. But houses are still too expensive — and if the government were to pull its interventions, prices would drop, ginning up sales.

more »


More blog posts »

In Mich. Cleanup, a Missed Opportunity for Local Workers and Abuse of Undocumented Ones

Investigation Into Serious Labor Violations in Oil Spill Cleanup Leads to Broader Questions

“It’s outrageous and disgusting that our local workers…have been cheated out of these opportunities to do this work,” says Rep. Mark Schauer (D-Mich.).

Top stories

Unemployment Rate Rises to 9.6 Percent

“The turnaround has been insufficient,” Christina Romer, the exiting chair of the Council of Economic Advisers, said this week. The economy “is growing, but not fast enough to create the hundreds of thousands of jobs each month needed to return employment to its pre-crisis level.”


The Long Journey of the Katrina Trailers

FEMA trailers, once concentrated around New Orleans, now blanket the country, uncounted and mislabeled in dealers’ lots, back lawns and sites for oil spill cleanup.


Gulf Coast Workers Seeking Compensation Face Long Waits, Despite Big Promises

“I’ve given them everything you could possibly want, pay stubs, tax returns, everything,” says one engineer. “It’s not that I don’t have supporting documents. It’s that nobody has even looked at my documents.”


Workers Rebuilding New Orleans Face Rampant Wage Theft

“New Orleans is a city that recognizes that day laborers did participate and did come to the rescue in terms of reconstruction,” says Jacinta Gonzales of the Congress of Day Laborers.


Investigation Reveals Undocumented Workers, Unsafe Conditions in Mich. Oil Spill Cleanup

Photographs show undocumented workers, who were paid in cash and bused in from Texas, covered in oil and mud while receiving food and water.


Nearly 94 Percent of Gulf Coast Claims Remain Unprocessed

The total number of claims to date is 31,225. Of those claims, only 1,935 — just over 6 percent — have been paid.


Who Gets to Rebuild New Orleans?

“We’re dealing with local contractors on a daily basis and they’re not getting the work,” says Barry Kaufman of the Construction and General Laborers Union Local 689. “There are more out-of-state contractors in here than holes in cheese.”


A Flood of Money Slow to Fix New Orleans Schools

“The capacity to find a facility is not tied to school performance,” says one New Orleans school principal. “I understand that, but I really wish there was a clearer path.”


New Orleans Landfills, Prone to Flooding, Remain Controversial – and Possibly Dangerous – for City Residents

“We should have learned from Hurricane Betsy with Agriculture Street and we didn’t,” says Darryl Malek-Wiley, a field organizer for the Sierra Club. “We should have learned from Katrina and we didn’t. Now we’re doing it again with the Gulf oil spill.”


As Tea Partiers Descend on Washington, Ideological Divides Apparent Between Grassroots and Organizers

“We can disagree on politics,” Glenn Beck told a crowd of thousands, but all agree “God is the answer.”


Will Meek Make It?

Asked why Democrats should support him rather than Meek, Gov. Charlie Crist replied, “I can win.”


Social Security Cuts Threaten to Hurt Low-Income Americans More

The hardship of raising the retirement age falls disproportionately on low-income workers who work in physically demanding professions, and have not shared in life-expectancy gains.


Ex-MMS Director Advises Oil Spill Commission on Reforming Industry Oversight

The commission should call for a “comprehensive overhaul” of offshore drilling regulations that improves communication within MMS, requires “double and triple checking” of drilling activities, and updates standards for environmental review, Birnbaum said.


Rick Scott Wins Republican Nomination for Florida Governor

Scott, who has never held elected office, ran on his business experience as a former health care executive despite the fact that he was forced out after his company paid $1.7 billion to the U.S. government for Medicare and Medicaid fraud.


In Florida, Meek Wins Democratic Nomination for U.S. Senate

Meek faces an uphill battle in the general election as polls consistently put him behind Republican candidate Marco Rubio and independent candidate Gov. Charlie Crist.


With Loss of COBRA Subsidy, Newly Unemployed Face Tripling of Insurance Costs

For the average worker who has lost her job since May 31, the cost of COBRA has tripled. And that’s likely to mean hundreds of thousands of families dropping out of health plans altogether.


Control of Oil Spill Compensation Fund Shifts to Independent Administrator

“There will certainly be cases, it seems to me, where the Feinberg claims process will not pay,” says law professor Ed Sherman. “A seafood restaurant in Idaho that didn’t get Gulf oysters for a period of time faces an uphill battle.”


Advertisement

The American Independent News Network:

Colorado Confidential
Florida Independent
Iowa Independent
Michigan Messenger
Minnesota Monitor
New Mexico Independent
North Carolina Independent News
Texas Independent