Washington's bonus tax fantasy
CNN: NEW YORK (CNNMoney.com) -- The government's plan to tax Wall Street's bonus bounty is shaping up to be nothing more than a pipe dream.
Hoping to ride the wave of populist outrage against financial firms like Goldman Sachs, lawmakers have been hard at work hatching legislative schemes aimed at reining in bonuses at firms that received billions of dollars in taxpayer aid. Read More
Bipartisan health reform is still possible
Forbes: Although health care reform appeared a month ago to be all but complete, with the passage of bills in both the House of Representatives and the Senate, the Democrats' filibuster-proof Senate supermajority evaporated in a Massachusetts by-election. The White House then indicated that it would shift its focus to more electorally salient issues--such as banking reform and job creation. However, President Barack Obama pledged in his State of the Union address that he is still committed to overhauling the health care system within the year--and has called a bipartisan 'health care summit' at the White House. This raises questions about the prospects, and the likely shape, of any renewed reform agenda. Read More
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