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  • Cuomo Seeks to Expand Grip to Fight Fraud Wednesday, 16 Feb 2011 | 5:30 AM ET
    Andrew Cuomo (D)

    When Andrew M. Cuomo was sworn in as New York’s chief executive six weeks ago, he took control of a multibillion-dollar budget, tens of thousands of state workers and hundreds of agencies. But Mr. Cuomo appears to want to hang on to his old job, too, reports the New York Times.

  • Take a couple minutes to watch Dan Mitchell's new mini-documentary released to coincide with President Obama's FY2012 proposal.

  • IRS Takes on Tax Abuse by Charity Support Groups Tuesday, 15 Feb 2011 | 10:31 AM ET
    Internal Revenue Service Commissioner Mark W. Everson

    In the last five years, the Internal Revenue Service has revoked the tax exemption of 72 groups, known as supporting organizations, that obscure philanthropies created to support specific charities. The New York Times reports.

  • Making the Best 401(k) Choice Tuesday, 15 Feb 2011 | 10:16 AM ET

    If your employer has automatically enrolled you in a 401 (k) plan at the beginning of this year, it’s time to take stock of your holdings. What your company has chosen may or may not be advantageous to you.

  • Mortgage

    Earlier today, the White House released a budget proposal that included trimming the mortgage interest deduction for taxpayers in the top income tax brackets. This is the first step in eliminating what many economists view as an expensive and inefficient housing subsidy.

  • Obama Budget Resurrects Rejected Tax Increases Monday, 14 Feb 2011 | 1:06 PM ET

    President Obama's budget proposal resurrects a series of tax increases that were largely ignored by Congress when Democrats controled both chambers. Republicans, who now control the House, are likely to be even less receptive.

  • Morici: Budget Demagoguery Monday, 14 Feb 2011 | 12:05 PM ET
    Retired couple

    The president’s budget document shows a $1.6 trillion deficit for 2011, and serves up new “investments” in education, transportation and R&D, while offering to slice less than $100 billion mostly from domestic discretionary spending.

  • Paying Down a Trillion Dollar Bill Monday, 14 Feb 2011 | 10:25 AM ET

    Imagine getting a bill for $1 trillion, or $3 trillion, with a due date  in the next 30 years.  This is a situation faced by all 50 states, whose pension funds are underfunded by $1 to $3 trillion, depending on whose estimates you believe.

  • How States Can Fix Budget Crisis Monday, 14 Feb 2011 | 6:29 AM ET

    States are caught in an extended fiscal squeeze caused by rising costs and lower tax receipts. In addition, the aid distributed by the American Recovery and Reinvestment Act of 2009, is pretty much used up.

  • CNBC Poll: How To Tax Inheritance Thursday, 10 Feb 2011 | 2:03 PM ET

    Congress recently revised the estate tax law, setting the tax-free threshold at $5 million. The terms, however, will apply for just two years, requiring another act of Congress. Tell us what you think the level should be?

  • The acquisition by merger of the New York Stock Exchange by Deutsche Borse is bad news for the U.S. economy. However, short of antitrust, the U.S. government is in no position to stop it, and antitrust concerns can be resolved without blocking the merger.

  • How Feds Use Snitches to Uncover Tax Fraud Thursday, 10 Feb 2011 | 9:41 AM ET

    Two men, including a Wall Street veteran and a Minnesota trader who went undercover, explain how they worked with the IRS and FBI to expose tax fraud.

  • A Thought on Obama = Reagan Wednesday, 9 Feb 2011 | 9:51 AM ET

    Both Obama and Reagan inherited deep and brutal recessions. But the first six recovery quarters look much different for each president.

  • UBS Whistleblower Finds Himself in Federal Prison Wednesday, 9 Feb 2011 | 8:09 AM ET

    Bradley Birkenfeld once lived the high life as secret Swiss banker at UBS in Geneva. Then he delivered some of the world’s best-kept secrets to the US government, expecting a great reward. And now he sits in federal prison in Pennsylvania.

  • Obama Plans To Rescue States with Debt Burdens Wednesday, 9 Feb 2011 | 8:02 AM ET
    President Barack Obama

    President Obama is proposing to ride to the rescue of states that have borrowed billions of dollars from the federal government to continue paying unemployment benefits during the economic downturn, the New York Times reports.

  • Cramer: Obama A Major Driver Behind Rally Tuesday, 8 Feb 2011 | 7:55 PM ET

    The "Mad Money" host explains how a pro-business president is helping push stocks higher.

  • Death, Taxes And Estate Planning Tuesday, 8 Feb 2011 | 12:24 PM ET

    "Most taxpayers are less concerned about the estate tax than they were before," says John Gast, partner and tax attorney at Brennan, Manna & Diamond.  But that's no  reason to forgo estate planning.

  • The Pros And Cons Of Cutting Your Kids Loose Tuesday, 8 Feb 2011 | 12:24 PM ET

    If your kids are making their own dinner reservations for Valentine’s Day, it’s probably time to discuss their financial independence. Once they reach college or turn 19, how you form relationships with your children can have fiscal consequences both good and bad.

  • Whistleblowers: In Their Own Words Tuesday, 8 Feb 2011 | 8:46 AM ET
    They live in a secret world, risking their careers and reputations to expose corporate fraud—and sometimes make tens of millions of dollars. Wall Street is suddenly paying attention because the new Dodd-Frank financial reform law extends whistleblower provisions to Wall Street for the first time. That means employees who expose fraud and wrongdoing stand to collect 10 to 30 percent of the amount recovered by the government. Some of these whistleblowers have already made millions, others have end

    Here are some of the most interesting whistleblowers, in their own words, from interviews with CNBC.

  • Pat Toomey: 'Default Not Inevitable' Monday, 7 Feb 2011 | 9:55 AM ET

    The sands in Uncle Sam's debt ceiling hourglass are sliding down. Between April and May, according to Treasury Secretary Timothy Geithner, we will have exhausted the nation's borrowing authority.

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