The credit rating agency Fitch Ratings has issued another warning to Washington. If it doesn't come up with a plan to reduce the nation's budget deficit, Fitch might yank its AAA rating by the end of next year.
You may not have heard of Buddy Roemer. But he's running for president. And despite an impressive resume and gift for turning a phrase, Roemer barely registers in the polls. He's conducting his quixotic run for office without accepting campaign contributions that exceed $100.
On the trail with Mitt Romney in New Hampshire Thursday morning, I encountered the first Occupy protesters of the three-day bus trip.
One of them, Bob Broadhurst, grew up in Boston but now lives in nearby Littleton, N.H. He's been one of the Occupy protesters in New York since September, but returned to New Hampshire to protest along Romney's route.
A fourth-generation electrician, Broadhurst is an IBEW union member and his main issue is what he calls "the attack" on unions and labor. Romney represents a convenient target for his ire.
Originally published on Thu December 22, 2011 2:28 pm
Most political analysts say that Congress and President Obama will eventually agree to extend the payroll tax cut into 2012 – even if it takes another month of arguing.
But what if Congress really can't get it done?
Economists are fairly unanimous in saying growth would be slowed — at least in the short term — if Congress were to fail to pass legislation to extend the tax holiday and include two other proposals to: 1) continue federal help for the long-term unemployed and 2) block a 27 percent Medicare pay cut for doctors.