President Ronald Reagan’s former budget director on today’s economy. David Stockman on what he calls the corruption of capitalism in America.

Democrats want to close tax advantages for the super-rich. Republicans want lower rates. Experts weigh in on what it will take to reach a compromise on tax reform.

Cyprus seeks alternatives after rejecting European bailout terms. How the financial crisis in Cyprus tests Germany, the European Union and world markets.

Assessing the economic and political damage from the tax and spending impasse: The price to be paid and who pays it.

The crisis in Cyprus sheds a light on how investors shelter their wealth. A panel joins Diane to explain how tax havens work and their effect on economies around the world.

The D.C. Council member recently put in charge of the city's campaign finance reform efforts is hitting the ground running; he has proposed requiring campaign finance training for all candidates and treasurers before they can take donations.

An amendment that would give the District of Columbia full control over its own municipal budget will be placed on the ballot for voters in April, the D.C. board of Elections ruled Tuesday.

Gov. Bob McDonnell is reducing revenue projections and planning to move some money around in the Virginia state budget in light of the ongoing stalemate in federal fiscal cliff negotiations.

Virginia businesses may get a break from paying up-front sales tax if the legislature passes a provision from Gov. Bob McDonnell's proposed budget. 

The mortgage interest deduction is a key factor in many household budgets and the overall housing market. Who would be hurt and who would be helped if Congress changes the rules.