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Dave Camp

  • WASHINGTON— Businesses big and small would get to keep claiming dozens of tax breaks that expired at the start of the year under a bill that overwhelmingly passed the Senate Finance Committee Tuesday. It would add $95 billion to the budget deficit over the next decade, according to the nonpartisan Joint Committee on Taxation, which provides official estimates...

  • This is how billionaires enjoy super-low tax rates Thursday, 12 Mar 2015 | 2:41 PM ET
    Marc Lasry

    A rule lets the wealthy managers of private funds pay about half the tax rate they usually would—and it's unlikely to change soon.

  • WASHINGTON, Feb 13- The Republican Party's leading voice on taxes and budgets, Paul Ryan, said on Friday that the current Congress has only a few months to pull together a deal to overhaul the U.S. tax code. Washington has not been able to summon the political will to reform the loophole-riddled tax code for 28 years. Congress' energies in the autumn will be consumed...

  • America in 25 years: Here's what to expect Thursday, 27 Feb 2014 | 1:11 PM ET

    Changes in taxation, our position on the global stage, politics and the impact of baby boomers will help shape the U.S.

  • DC in 2014: Maybe not quite so bad? Friday, 20 Dec 2013 | 1:57 PM ET
    U.S. Capitol building Washington

    Surprise! Washington could be slightly less dysfunctional next year. Keep an eye on the debt ceiling, tax reform and mid-term elections. POLITICO's Ben White reports.

  • FACTBOX-20 key players in U.S. 'fiscal cliff' drama Friday, 2 Nov 2012 | 10:59 AM ET

    WASHINGTON, Nov 2- After the Nov. 6 elections, urgent tax and spending issues must be addressed, forcing Washington's power players to make some tough decisions before the end of the year. Regardless of who wins the Nov. 6 presidential election, Obama will be in the White House during the final months of 2012 when the ``fiscal cliff'' must be dealt with.

  • WASHINGTON, Oct 31- A U.S. free trade agreement with Panama went into force on Wednesday, five years after it was originally negotiated, opening the way for increased U.S. exports as the Central American country continues its canal expansion project.

  • US Bush-era trade deal with Panama goes into force Wednesday, 31 Oct 2012 | 6:32 PM ET

    ``This trade deal will guarantee access to Panama's $20.6 billion services market and more than $15 billion in infrastructure projects...