Laws as big as the Affordable Care Act rarely without changes, but in a polarized Congress, accomplishing them has become all but impossible. NYT reports.» Read More
WASHINGTON, June 14- In the final months leading up to the launch of the key piece of President Barack Obama's healthcare reforms, the administration is preparing a public-education campaign designed to connect directly with the audience most critical for the law's success.
Secretary of State John Kerry to press India to reverse government actions they said threaten millions of U.S. jobs in pharmaceutical, information technology and creative industries.
"Companies would feel less pressure to shift income to low-tax jurisdictions because that income would be taxed at the same rate- whether it is earned in the United States or Bermuda," Dave Camp, chairman of the Ways and Means Committee in the U.S. House of Representatives, said at a hearing on Thursday.
NEW HAVEN, Conn.-- Six months after the Newtown school shooting, New York Mayor Michael Bloomberg is stepping up his gun control campaign by asking donors not to support Democratic senators who opposed a bill to expand background checks on gun buyers, while a mayors' group he co-founded is embarking on a national bus tour to rally for efforts to curb gun violence.
WASHINGTON, June 11- The Senate Finance Committee on Tuesday approved the nomination of White House chief international economic affairs adviser Mike Froman to be U.S. trade representative, setting the stage for full Senate approval.
WASHINGTON, June 6- President Barack Obama's nominee to be U.S. trade representative on Thursday pledged to work with leaders of the Senate Finance Committee to craft major trade legislation needed by the White House to win approval of trade deals.
WASHINGTON, May 22- Major U.S. trade legislation appears increasingly likely to clear Congress this year despite an intensely partisan atmosphere made worse by scandals plaguing President Barack Obama's administration.
*Former IRS chief says enforcement "very, very difficult". WASHINGTON, May 21- As they joined Republicans on Tuesday in bashing the Internal Revenue Service for targeting conservative groups that sought tax-exempt status, Senate Democrats had another target: the regulations that require the U.S. tax agency to weigh the political activity of such groups.
WASHINGTON, May 21- Top Internal Revenue Service officials told Congress on Tuesday they were unaware of the agency's targeting of conservative groups for extra tax scrutiny until recently and did not deliberately mislead lawmakers last year when they did not reveal the practice.
WASHINGTON, May 21- Top Internal Revenue Service officials told Congress on Tuesday they were unaware of the agency's targeting of conservative groups for extra tax scrutiny until recently and were not deliberately misleading lawmakers last year when they did not reveal the practice.
WASHINGTON, May 21- A U.S. Senate panel will try on Tuesday to pry more details out of current and former officials of the Internal Revenue Service about the agency's targeting of conservative groups for extra scrutiny when they sought tax-exempt status.
Below are some of the major players in the backlash over the IRS paying extra attention to advocacy groups whose names included terms such as "patriot" or " Tea Party" when considering applications for tax-exempt status.
With a talking-point imbroglio after Benghazi, the IRS's discriminatory practices and the Justice Department's procurement of Associated Press phone records, the Obama administration and its allies are right to be worried. The past few years have proved that dysfunction in Washington has almost no effect on America's attractiveness to investors.
May 15- The ranks of lobbyists are growing in Washington again as Congress flirts with a possible overhaul of the complex U.S. tax code.
* "Insufficient oversight" led to problems at IRS- report. *Embattled acting IRS chief meets lawmakers.
*Embattled acting IRS chief Miller goes to Capitol Hill. The scandal has added to a sense of a White House under siege as President Barack Obama, who has promised to hold any IRS wrongdoers accountable, grapples with an array of domestic and foreign policy controversies that threaten his second-term agenda.
*Rubio calls for resignation of acting IRS chief. *IRS to be focus of congressional investigations. The scandal was ignited last Friday, when an IRS official revealed at a meeting of tax lawyers that the agency had inappropriately singled out Tea Party and other conservative groups for extra scrutiny of their claims for tax-exempt status.
WASHINGTON, May 13- President Barack Obama sought on Monday to neutralize two crises that threatened his second term agenda, calling the apparent targeting of conservative groups by tax officials "outrageous" and an uproar over his response to American deaths in Libya a "sideshow."
"These actions by the IRS are an outrageous abuse of power and a breach of the public's trust," Baucus said, referring to revelations that the IRS targeted Tea Party and other conservative groups for probes into their applications for tax-exempt status.
WASHINGTON, May 10- Two U.S. policymakers from opposite ends of the political spectrum on Friday said momentum is building for a top-to-bottom revamp of the tax code, but the biggest question is whether there is political will to get it done.