WASHINGTON, Jan 30- U.S. corporations fear they will be the main course on a menu calling for hundreds of billions of dollars in new tax revenue that President Barack Obama is expected to seek in his annual budget proposal, expected within weeks.
WASHINGTON, Jan 23- The top Republican tax writer in the U.S. House of Representatives is close to releasing a draft on ways to revamp corporate taxes levied on complex financial products, a committee aide said on Wednesday.
WASHINGTON, Jan 7- Prospects for a 2013 overhaul of the U.S. tax code have faded after last week's "fiscal cliff" fight, with Democrats still pushing to raise more government revenue by closing tax breaks and Republicans arguing that the tax debate is over.
*Obama says Washington brinkmanship undermined confidence. HONOLULU, Jan 5- Fresh from the long legislative fight to prevent a "fiscal cliff" of tax hikes and spending cuts, President Barack Obama warned on Saturday that the United States could not afford further budget showdowns this year or in the future.
WASHINGTON, Jan 3- The rosters of the powerful, tax-writing panels of the U.S. Congress were nearly filled out on Thursday, with three prominent Republicans named to the Senate Finance Committee.
WASHINGTON, Dec 27- The outcome of the "fiscal cliff" debate will be decided in four days, with just a handful of powerful leaders in Washington calling the shots, for better or for worse. *Barack Obama, Democratic president: Reelected last month, the former Democratic U.S. senator from Illinois campaigned on the need to raise taxes on high-income Americans.
WASHINGTON, Dec 18- U.S.-based global companies may get a boost in their effort to revamp corporate taxation if the White House and Republican lawmakers can negotiate a deal to avoid the year-end "fiscal cliff."
Treasury Secretary Timothy Geithner, President Barack Obama's chief negotiator in talks to avert the "fiscal cliff," began a round of meetings with congressional leaders from both parties on Thursday amid signs the market-rattling uncertainty about the outcome could go down to the wire.
"It is not going to happen soon," Republican Senator John Barrasso of Wyoming, the Senate's fourth-ranking Republican, said in a Fox Business News interview Wednesday evening of an agreement to avoid the tax hikes and spending cuts that will be triggered on Jan. 1 without an act of Congress.
WASHINGTON, Nov 29- House of Representatives Speaker John Boehner said there was no progress on Thursday in "fiscal cliff" talks with U.S. Treasury Secretary Timothy Geithner and criticized President Barack Obama and Democrats for failing to "get serious" about including spending cuts in a final deal.
WASHINGTON, Nov 20- President Barack Obama and the U.S. Congress hope to start serious negotiations after this week's Thanksgiving holiday on Thursday on how to avoid the "fiscal cliff," which has politicians and economists worried about the direction of the world's largest economy.
WASHINGTON, Nov 16- The U.S. House of Representatives voted overwhelmingly on Friday to ``name and shame'' Russian human rights violators as part of a broader bill to drop Cold War-era trade restrictions, brushing off warnings from Moscow that the move would damage relations.
*Measure goes next to Senate, but no vote there set yet. The House voted 365-43 to approve the legislation, which takes a jab at the policies of Russian President Vladimir Putin while ensuring U.S. companies get the full benefits of Russia's entry into the World Trade Organization on Aug. 22.
*White House draws a line against tax cuts for rich. WASHINGTON, Nov 15- As President Barack Obama and congressional leaders prepared for budget and tax talks on Friday aimed at preventing the U.S. economy from falling back into recession, a top Republican vowed to overhaul the U.S. tax code next year.
WASHINGTON, Nov 15- The chairman of the tax-writing Ways and Means Committee of the U.S. House of Representatives said on Thursday that his panel will move to overhaul the U.S. tax code next year.
WASHINGTON, Nov 7- President Barack Obama's projected re-election brings into focus the most pressing issue of the next few months: preventing a ``fiscal cliff'' of $600 billion in tax increases and spending cuts that will take place barring a deal with Congress. *Thomas Barthold, chief of staff, Joint Committee on Taxation: Behind-the-scenes research chief.
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.
``This trade deal will guarantee access to Panama's $20.6 billion services market and more than $15 billion in infrastructure projects...