Congressman Keith Ellison, D-Minnesota is reintroducing his Inclusive Prosperity Act, a proposal to add a small “financial transactions tax” on high-volume, high-speed trading by Wall Street speculators. The tax—similar to one that the US imposed until 1966, and to taxes maintained by 40 countries worldwide—would generate roughly $1 trillion in revenue over 10 years.

The unprecedented level of economic inequality in America is undeniable. In an extended essay, Bill Moyers shares examples of the striking extremes of wealth and poverty across the country, including a video report on California’s Silicon Valley. There, Facebook, Google, and Apple are minting millionaires, while the area’s homeless — who’ve grown 20 percent in the last two years — are living in tent cities at their virtual doorsteps.

The Minnesota Nurses Association announced late Tuesday that Duluth nurses came to a tentative contract agreement with St. Luke’s hospital that would raise wages 4.5 percent. The three-year agreement would go into effect in July and run into June 2016.

The "chained CPI" proposal in President Obama's budget continues to draw much-deserved fire, which is only likely to increase as more information about it becomes known. Here are nine embarrassing facts about the chained CPI which the White House and its defenders would prefer to see overlooked.