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Obama’s Loophole Logic

The White House is claiming that the top 1 percent of all earners would pay 99 percent of the capital gains tax increase proposed by the president. But that claim rests on some debatable logic.

L.A. Lovefest

Clinton and Obama left their recent bitterness behind at the Democratic debate prior to a nationwide series of primaries and caucuses on Feb. 5. They emphasized their areas of agreement and looked more like running mates than rivals for the nomination. By the end, both were ducking a question about whether the other would be their pick for vice president, and afterward they practically embraced in front of the cameras.