In the effort to recall Wisconsin Governor Scott Walker, much has been said about his record to date, but politics being what it is, many of the claims simply aren't true....

 In the face of the $500 billion "taxmageddon" tax increase coming in 2012, Congress will pass the buck. Nothing is likely to happen before the election, and the lame duck Congress will then drop-kick the issue into next year by extending current law and letting the new Congress deal with it....

A new Government Accountability Office (GAO) study, commissioned by Sen. Tom Coburn (Okla.), is questioning the federal government’s $18-billion job training program....

Greece, Spain, Ireland, Portugal, and Italy (and California). In each case, the promise of more bailouts and a steady flow of cheap money only produced more reckless behavior, excessive levels of government spending, and record levels of debt. ...

 It’s widely believed that JPMorgan Chase’s recent $2 billion–plus loss proves we need the comprehensive banking regulation called for by the 2010 Dodd-Frank law. Not only is that belief wrong, but the only way to minimize systemic damage from banking without stifling productive innovation ...

After billionaire Facebook co-founder Eduardo Saverin drew global attention to the growing number of Americans giving up their U.S. citizenship to preserve their wealth and escape burdensome IRS regulations, two Democrat Senators outraged by the accelerating trend introduced the “Ex-PATRIOT”...

On Wednesday the Senate voted down five budget proposals, reflecting gridlock and unwillingness to face reality.Four of the budget proposals were presented by Republican senators, while the fifth was based on President Obama’s budget....

House speaker John Boehner decided on Tuesday to fire the first round in the coming battle to deal with the huge tax increases taking place after the first of the year by setting the terms for the debt ceiling debate. In a speech at the Peter G. Peterson Foundation’s 2012 Fiscal Summit in Washington...

On Monday, U.S. District Court Judge James Boasberg ruled against the National Labor Relations Board’s (NLRB) “ambush rule” that would greatly shorten the time an employer had to defend against an effort to unionize his business, from 42 days to 10 days. ...

As the prospect of Greece leaving the eurozone dominates headlines around the world, Greeks are lining up at ATMs and financial institutions to withdraw their funds in what some analysts have already described as a run on the banks. More than a billion euros have been withdrawn just in the last few days....