Obama budget: Tax plans aim at rich Raise taxes on those making more than $250,000. Limit deductions for the wealthy. Make an expanded college tax credit permanent.
Obama budget: $901 billion deficit in 2013 President Obama will propose a budget on Monday that forecasts a $901 billion deficit in 2013, and includes plans make targeted investments in areas like infrastructure while hiking taxes on the rich.
Billions at stake as Russia backs Syria Russia's controversial stance in the Syrian crisis has left many wondering what Moscow stands to gain by backing the brutal regime of Bashar al-Assad.
'Dirty Harry' weighs in on deficit Clint Eastwood is better known for playing '"Dirty Harry" and other hyper-masculine tough guy characters than holding nuanced public policy positions. But the actor is now throwing his weight behind a plan to reduce the country's massive deficits.
Bernanke: Housing problems hold back recovery Lingering problems in the housing market continue to restrain America's economic recovery and limit the effectiveness of Federal Reserve policies, Ben Bernanke said Friday.
