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Nation Topics - Economic Policy

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Treasury Secretary Timothy Geithner was summoned to testify before the House yesterday to answer two questions: why did he sign off on AIG paying full value on insurance for bad assets, and what was his role in the decision not to disclose that?

The first casualty of the president's political debacle will likely be Timothy Geithner, the severely over-confident treasury secretary well-known as a lapdog of Wall Street.

On the FCIC's second day of hearings, witnesses examined how Wall Street incentivized and why the Federal Reserve didn't stop subprime lending.

The federal inquiry hearings inevitably leads to the question: why aren't any these big players already in jail? And no, Bernie Madoff doesn't count.

Day 1 of the Financial Crisis Inquiry Commission didn't find any good answers to the causes of the financial crisis--but don't give up on the commission yet.

Katrina vanden Heuvel wonders if we can radically rethink our economic system.

The Financial Crisis Inquiry Commission sent a strong message by putting Wall Street titans under oath, but answers about the financial crisis proved evasive.

Chris Hayes argues that the US budget deficit can be resolved--even in the short term.

Taxpayers are getting a raw deal in Citigroup's plan to repay its bailout funds. But you would never know it from reading the news.

Representative Marcy Kaptur, a longstanding advocate for foreclosure relief, talks to The Nation about prospects for sweeping financial reform.

Blogs

As Congress nears the so-called "fiscal cliff," they should listen to voters: austerity cuts are unacceptable.

November 13, 2012

How hard will it be to negotiate with congressional Republicans? Ask the Republican senator who thinks voters are ignorant about fiscal math.

November 12, 2012

Not to be outdone by Mitt Romney, Paul Ryan tells the biggest lie of the 2012 campaign.

November 4, 2012

Fifteen million Americans are underwater on their mortgage payments, yet the presidential debates lacked a discussion about the housing crisis.

October 23, 2012

STUDENT FINALIST: With staggering unemployment, Romney’s trickle-down policies are the last thing the United States needs.

October 20, 2012

If Republicans take the debt ceiling hostage again, it could hurt the administration’s leverage for the fiscal cliff. 

October 18, 2012

Past experience with block granting the social safety net paints a dismal picture.

October 15, 2012

Everyone's talking about how Romney won’t name the tax deductions he will reduce—but he’s named three.

October 3, 2012

Paul Ryan told Fox he could not explain GOP economic plans because it would take too much time. But an hour-and-a-half long debate should provide Mitt Romney with enough time to do so.

October 2, 2012

The Inclusive Prosperity Tax would increase revenue for social services Americans need the most. 

September 25, 2012