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Experts Caution Panel on Consumption Tax

NEW ORLEANS – A poorly designed tax system overhaul to make the current income tax more like a consumption tax (search) would be “the worst of all worlds,” experts told a presidential commission Wednesday. Bob Greenstein, founder and executive director of the Center on Budget and Policy Priorities (search), told …

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Monaco's Prince Rainier in Intensive Care

MONACO – Prince Rainier III (search) of Monaco, who was hospitalized two weeks ago with a chest infection, has been moved to the intensive care unit, the palace announced Tuesday as his children rushed to his bedside. After a marked earlier improvement, “a recurring pulmonary infection required that the prince …

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Report: Airlines Vulnerable to Terror

WASHINGTON – A confidential government report issued last month, which states that the nation’s aviation system remains vulnerable to terrorist attacks, reveals nothing new, a Department of Homeland Security official told FOX News on Monday. The report, compiled by the Department of Homeland Security and the FBI, does gather all …

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