INDIANAPOLIS — President Barack Obama’s proposal to make two years of college free will get a key test Friday as he travels to Indiana, a red state where making college more affordable and increasing graduation rates are squarely in the spotlight. Continue reading
How are Republicans responding to President Obama’s 2016 budget? Gwen Ifill gets reaction from Sen. Chuck Grassley, R-Iowa, on issues like sequestration, the deficit, infrastructure spending and economic growth for the middle class. Continue reading
President Obama’s new tax code proposal calls for tax increases for higher-income earners and more tax benefits for low- and middle-income earners. Jeffrey Brown learns more from Neil Irwin of The New York Times about what the plan says about the state of the economy and potential political ramifications. Continue reading
President Obama will reportedly unveil a plan to offer tax relief for the middle class during his State of the Union address on Tuesday night. The plan would be paid for by increasing taxes the rich pay on investments and inherited property. For more, Carol Lee of the Wall Street Journal joins Hari Sreenivasan from Washington. Continue reading
President Barack Obama is turning to his biggest television audience of the year to pitch tax increases on the wealthiest Americans and put the new Republican Congress in the position of defending top income earners over the middle class. Continue reading
The wealth gap between upper-income Americans and the rest of the country has reached a new high. According to a Pew Research Center analysis, the gap actually widened during the recovery as only upper-income families recouped some of the wealth lost during the recession. Continue reading
The U.S. economy has been showing signs of more robust recovery, but many Americans say they’re not feeling it. A new poll by The New York Times found the public is more pessimistic than it was right after the financial collapse. Andrew Ross Sorkin of The New York Times joins Judy Woodruff to discuss American perceptions of economic mobility and inequality. Continue reading
Unless we change our distribution of non-labor income, we can kiss our middle class goodbye, says entrepreneur Peter Barnes. In his new book, “With Liberty and Dividends for All,” Barnes proposes a nationwide dividend program, like Alaska’s, that would help the middle class and reduce the need for wealth redistribution.