Bush

Former Federal Reserve Chairman Alan Greenspan said Congress should let the Bush-era tax cuts expire at the end of this year in order to boost revenue and narrow the federal deficit. "They should follow the law and let them lapse," Greenspan said in an interview with Bloomberg Television....

The former chief executive of Bear Stearns recently had a chance to share his thoughts on the federal government's bailout of Wall Street, banking reform and the controversial books about the downfall of his old firm.

In just a few weeks, your opportunity to take advantage of the most recent variation on the homebuyer's credit will expire. By most accounts, this version of the credit, which cost taxpayers a whopping $1 billion per month, was a bust, doing little to actually spur the housing market. While a...

Henry Paulson's just-published memoir "On the Brink" recalls the financial crisis as it unfolded in the fall of 2008. Far from a gossipy tell-all, it devotes the bulk of its pages to the cautionary tale of how the world's financial system nearly collapsed -- and what he tried to do about it.

Income inequality pierced its previous record high in 2008 -- a fitting legacy for President George W. Bush. Fresh census figures reveal that the ratio of the incomes of the top 10 percent of Americans -- over $138,000 a year -- to those at the poverty level -- $12,000 -- was 11.4 times. (The...

Today is Patriot Day and I feel much safer now that George W. Bush is no longer in the Oval Office to use it for his political purposes. But he achieved a great victory for his base while in office -- creating a lost decade for the middle class while enriching the 400 most highly paid taxpayers. Of...

What's another legacy, in addition to massive income inequality, of President George W. Bush? Try $150-per-barrel oil. Here's why: Despite rising demand for gasoline, the Bush administration did nothing to increase the Corporate Average Fuel Economy mandate. Their policy was to let the market...

I'd never thought of Condoleezza Rice as a diamond kind of girl. A string of pearls is more her thing, I'd assumed. Either I was wrong, or Condi's going to have to make a very quiet trip to a jeweler to exchange the $200,000 diamond ring in a wooden box given to her by Colonel Muammar Abu Minyar...

I can't speak for all scientists, but I think most of us are hopeful that the new administration will usher in a new era in which health policy is dictated by scientific evidence instead of religious and political ideology. An indication of just how much of a switch that would be from the previous...

The telling stat in the U.S. Treasury Department's February budget report? U.S. government tax receipts, which plummeted 17 percent to a 14-year low of $87.3 billion. Outlays were flat at $280.1 billion, which created a $192.8 billion budget deficit in February. The February total is the second...