Deep divisions among Senate Democrats over whether cuts to Medicare and Medicaid should be part of a plan to slow the growth of the federal debt pose a big obstacle to a deal for avoiding a potentially economy-crushing "fiscal cliff," even if Republicans agree to raise taxes.
Even if you're part of the 47% who don't pay federal income taxes, you probably do pay payroll taxes. A few years ago, President Obama and his allies in Congress cut you a break to ease the pain of the recession: a 2 percentage point payroll tax holiday. Well, the holiday is over.
Major corporations are pouring a lot of money into political campaigns this year: The stores you shop in, the shoes you wear, and even the movies you watch may be helping to elect your next president. But which brands, and for which candidate? Take our quiz and find out!
President Obama's plan to scrap the Constellation space program designed to send U.S. astronauts to the moon is being blasted by senators from states with heavy space industries. The policy shift reignites questions about the mission of the U.S. space program and the role of private companies in that effort.
