America losing brainpower advantage: report

The United States' ability to compete globally in science and technology is on a "perilous path," said a new report delivered Sept. 23 on Capitol Hill to a bipartisan group of policymakers, industry leaders, and academics.

Poverty-level wages cost U.S. taxpayers $153 billion every year

While the U.S. economy rebounds, persistent low wages are costing taxpayers approximately $153 billion every year in public support to working families, including $25 billion at the state level, according to a new report ...

GOP warns Obama against tax increases, spending (Update)

(AP)—Republicans say President Barack Obama's second-term agenda will bring more tax increases and increase deficit spending. They're vowing to promote economic growth to help middle-class families find good jobs.

Experts expect compromise to avoid fallout from the 'fiscal cliff'

(Phys.org)—The image of a "fiscal cliff" may give the wrong impression of the potential fallout should Congress fail to take action by the end of the year on the Budget Control Act. Iowa State economist Dave Swenson described ...

How will sequestration affect NASA?

It seems the US in not going to avoid the sequester—the $85 billion worth of federal spending cuts due to kick in March 1, 2013. There will be across the board cuts to government agencies, applying equally to defense and ...

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