We’re happy to see the Department of Justice take Standard & Poor’s to court — but this civil suit represents just a small first step in holding Wall Street accountable for the 2008 financial crisis. Many people are still unsatisfied about the lack of prosecutions against Wall Street fraudsters. We need to make sure the [...]

The sequester was created in the most bipartisan way possible. It was a proposal from a Democratic President to find a way around an impasse with House Republicans that both sides each believed would eventually advance their long-term agendas. It was approved by a Republican House, a Democratic Senate and signed by a Democratic President. [...]

Senate Majority Leader Harry Reid is the first congressional leader to pick his three members for Catfood Commission II. From Politico: In the first of what will be a closely watched selection process for a powerful new deficit panel, Senate Majority Leader Harry Reid announced he will appoint Democratic Sens. Patty Murray (Wash.), Max Baucus [...]