Bloomberg is reporting that Senate leaders are close to hammering out a deal to expand the home buyer’s tax credit, which is due to expire Nov. 30. The deal would extend it to cover any purchase that’s under contract by next…

The housing market is in bad shape, and some people want the government to fix it. But does anybody really think it’s worth spending $121,000 for each additional sale we generate?

The $8,000 credit for first-time home buyers is about to…

The health-insurance excise tax that’s part of a Senate Finance Committee bill has been touted as a tax on “Cadillac” plans, but it might affect employers who think of their plan as more of a Chevy with a few nice…

Janet Reuther-Schopp was angry last May when she found out that her family’s business, Reuther Chrysler Jeep Dodge, was on the list of dealerships rejected by bankrupt Chrysler Corp. She’s still angry, and she has…

The House voted 253-171 today to eliminate a privately run student-loan program and have all Stafford loans made directly by the government.

The Missouri Higher Education Loan Authority, known as MOHELA, is a participant in the private effort, called the Federal Family…

Sen. Max Baucus’ latest health-care idea, a tax on insurers and employers to pay for covering the uninsured, is already getting a thumbs-down from one liberal think tank. The Center on Budget and Policy Priorities asserted today that Baucus’ plan would…

The Associated Press took a revealing look last week at the federal government’s Essential Air Service program, which subsidizes air travel to 152 small airports. The program’s cost is skyrocketing: The Senate Appropriations Committee just approved $175 million for the program…

The scrolling sign at McArthur’s Bakery in St. Louis County usually advertises something sweet, but one recent message was downright bitter. According to Fox News, the sign read:

“Russ Carnahan voted to … close us and other … small business.”

The reference…

The “cash for clunkers” bill passed the House yesterday, so it’s time to take another look at this badly  designed legislation. We’ve already explained why it’s poor environmental policy and ineffective economic policy and why it will hurt the poor. Now,…

For folks fortunate to have an employer match in their 401k plan, failing to contribute would be like passing up free money. That’s a powerful incentive to save. Now, some officials in Washington want more people to have that incentive…