Senate Dems come to the aid of Wall Street millionaires, backing down on a House plan to increase how much of the hedge-funders’ income will be taxed at standard rates, not the more generous capital-gains rate.

Now that the new health care law is passed, Democrats are hoping to focus on jobs and the economy. Members of Congress and progressive organizations have begun talking more about the Local Jobs For America Act. It is a good bill that should actually help to create and save jobs while temporarily helping to ease [...]