Tax credit expansions could tackle income inequality

WASHINGTON – President Barack Obama’s recent proposal to increase the earned income tax credit to include 13.5 million unmarried workers may be his best bet to achieve his goal of combatting income inequality and getting more Americans out of poverty. His proposed...

Volcker rule still under attack from Republicans

WASHINGTON — The Volcker rule was designed to prevent another financial crisis similar to 2009, but critics say it will affect average bankers across the country instead of targeting Wall Street financial institutions. The House Financial Services Committee examined...

Critics say Volcker rule will slow job creation

WASHINGTON — The Volcker rule was designed to prevent another  financial crisis similar to 2009, but some critics say it will only slow economic recovery. The House Financial Services Committee examined the Volcker rule today in an effort to weigh its impact on job...
Lew urges Congress to raise debt limit

Lew urges Congress to raise debt limit

WASHINGTON – Congress must act before the temporary suspension of the debt ceiling ends this week or the Obama administration will have to take “extraordinary measures” to avoid a default, Treasury Secretary Jacob Lew said Monday at the Bipartisan Policy Center. Lew...