U.S. Inflation Flat in December
US inflation was flat in December
The US consumer price index was flat in December, with increases in food and shelter prices offsetting a decline in gasoline prices, government data released Wednesday showed. The gasoline index, which declined by a steep 7.4 percent in November, fell by 2.3 percent in December, the Labor Department…
Politics & Policy
Senate, House Pursue Sharply Different Paths to Immigration Reform
Two key House Republicans plan to push ahead on immigration reform by focusing on a few specific bills, keeping the issue before the chamber widely expected to have the hardest time with immigration reform legislation.
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Zuckerberg Forms Silicon Valley Super PAC to Take on Immigration
Mark Zuckerberg's super PAC, called FWD.us, is pushing for immigration reform and a series of other issues affecting the technology industry in the United States. The Facebook founder and CEO announced the creation of the super PAC on Wednesday in an op-ed for The Washington Post.
Republicans and Dems Come Together — to Keep IRS From Competing with TurboTax
A House bill introduced earlier this year would bar the IRS from offering taxpayers software that would compete with programs like TurboTax.
Street: Impact of Sequestration on California
The breakdown of the sequester effects on California was politically structured as an emotional call for Republicans to commit hara-kiri by compromising the demands of their base for fiscal discipline. With sequester only amounting to 2 percent of spending, the cuts do not seem to be as earth shattering as the media has predicted.