Stories by Ben Weyl:
Dec. 2, 2012
When Federal Reserve Chairman Ben S. Bernanke spoke recently of headwinds facing the U.S. economy, the top item on his list was housing.
Nov. 27, 2012
Democratic leaders emboldened by this year’s electoral victories are driving a hard bargain on a potential deficit reduction package, pushing to raise taxes significantly in a short time period, while resisting major spending cuts as part of an agreement during the lame-duck session.
Nov. 21, 2012
As fiscal cliff talks home in on raising revenue through the tax code, the housing industry is sounding the alarm to the consumer market that the mortgage interest deduction may be in the cross hairs.
Nov. 15, 2012
Senate Democrats are keeping their proposals for curbing the cost of social programs under wraps in order to avoid a split in their ranks as talks on the fiscal cliff begin Friday.
Nov. 14, 2012
President Barack Obama’s pitch for $1.6 trillion in new tax revenue from the wealthy has Republican leaders demanding major entitlement cuts even as they face the potential for a revolt among conservatives.
Nov. 13, 2012
President Barack Obama appears unlikely to find broad backing in the business community for his effort to make upper-income Americans pay higher taxes.
Nov. 12, 2012
Democratic Sen. Charles Schumer drew a sharp line today in negotiations with Republicans on the looming “fiscal cliff” of tax and spending issues, saying any GOP proposals on revenue should be measured against the higher rates for wealthy Americans due to take effect in January.
Nov. 12, 2012
A revitalized President Barack Obama is already clashing with a still-solid GOP House majority in a lame-duck session that looks to be configured for the same gridlock that has tied up Washington, D.C., for the past two years.
Oct. 17, 2012
Some lawmakers are saying it’s time to look again at breaking up the country’s biggest banks, but political observers say the odds of action just two years after overhauling the financial regulatory system are remote.
Sept. 24, 2012
The departure of Congress until after the elections removes one barrier to normalizing trade relations with Russia, but that also raises a new hurdle for backers of legislation that’s heavily favored by the business world.
Aug. 27, 2012
Medium-sized banks may get a temporary reprieve from new “stress test” requirements called for under the 2010 financial regulatory overhaul, the Federal Reserve announced Monday.