It’s not over yet, but the fat lady is warming up. A congressional “super-committee” charged with finding $1.2 trillion in budgetary savings to avoid automatic deep spending cuts in on the brink of failure. The discussions between Democrats and Republicans have reportedly collapsed, with formal confirmation expected later today. The White House, meanwhile, continues to [...]

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The “Occupy” protests surely must be having an impact on the economic inequities that exist in America today, right? Nope.  Not so much. According to a new report from the Congressional Budget Office, or CBO, average household income for the nation’s top 1 percent more than tripled from 1979 to 2007, while middle-class incomes grew [...]

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