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Paul Ryan

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  • Negotiators from 12 Pacific nations hope to conclude talks on a Trans-Pacific Partnership within months, and House Ways and Means Committee Chairman Paul Ryan said legislation known as trade promotion authority should pass soon, easing a major hurdle. The TPP pact would link 12 countries from the United States to Japan, Australia and New Zealand, and cover...

  • 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...

  • WASHINGTON, Feb 5- Canada and Japan must open their markets to farm imports under a Pacific trade pact, the chairman of a U.S. congressional committee responsible for trade said on Thursday, adding that any country that cannot meet the deal's goals should drop out. "For TPP, Japan and Canada just have to lower their agricultural tariffs," he said at an event hosted by...

  • US trade deficit jumps Thursday, 5 Feb 2015 | 1:40 PM ET
    US trade deficit jumps

    United States imports are up, but exports are down. CNBC's Eamon Javers shares highlights of his interview with U.S. trade representative Michael Froman regarding negotiations with other countries and Congress.

  • WASHINGTON, Feb 5- Canada and Japan must open their markets to farm imports under a Pacific trade pact, the chairman of a congressional committee responsible for trade said on Thursday, adding that any country that cannot meet the deal's ambitious goals should drop out. Negotiators from 12 Pacific countries hope to wrap up talks on the Trans-Pacific...

  • WASHINGTON, Feb 4- The United States has to walk a fine line when trying to address currency manipulation in trade agreements, the head of a congressional committee responsible for trade said on Wednesday. House of Representatives Ways and Means Committee Chairman Paul Ryan said the dollar's role as reserve currency meant the United States had to find a...

  • WASHINGTON, Feb 3- The Obama administration on Tuesday said it saw room for compromise with Congress on a potential overhaul of the business tax code, but a top Republican lawmaker said the two sides remained at loggerheads over taxes on small companies. Treasury Secretary Jack Lew appeared before lawmakers to explain a White House budget proposal that would...

  • WASHINGTON, Feb 3- The Obama administration on Tuesday said it saw room for compromise with Congress on a potential overhaul of the business tax code, but a top Republican lawmaker said the two sides remained at loggerheads over taxes on small businesses. Treasury Secretary Jack Lew appeared before lawmakers to explain the White House budget proposal that...

  • Reviving a long-running debate about corporate tax avoidance, Obama will target a loophole that lets companies pay no tax on earnings held abroad, the White House said. He will also seek to impose a 19 percent tax on U.S. companies' future foreign earnings, the White House said. The $238 billion raised from the one-time tax would fund repairs and improvements to...

  • WASHINGTON, Feb 1- President Barack Obama's fiscal 2016 budget proposes a 19 percent tax on U.S. companies future foreign earnings and a one-time 14 percent tax on roughly $2 trillion of profits being held offshore, the White House said on Sunday. The White House has long been critical of practices by U.S. companies that it views as avoiding tax responsibilities...

  • WASHINGTON, Jan 29- President Barack Obama will call for a 7 percent rise in U.S. domestic and military spending in his budget that would end caps known as' sequestration,' the White House said on Thursday, setting up a new source of conflict with Republicans in Congress. The White House rejects that criticism and hopes Obama can find common ground with lawmakers...

  • WASHINGTON, Jan 29- President Barack Obama's budget will call for an increase in domestic and military spending that would end spending caps known as "sequestration," a White House official said, setting up a new source of conflict with Republicans in Congress. The fiscal 2016 budget, which the White House intends to unveil on Monday, would fund a host of programs...

  • WASHINGTON, Jan 21- President Barack Obama's administration recently sent a blunt message to small business owners who worry tax reform could leave them paying higher income tax rates than corporations: Consider going corporate yourselves. In a closed-door meeting with lobbyists on Jan. 13, Treasury Secretary Jack Lew fielded questions on whether it would...

  • Rubio: Decision on 2016 race coming by April Wednesday, 14 Jan 2015 | 11:29 AM ET
    Sen. Marco Rubio.

    Sen. Marco Rubio tells CNBC his decision on whether to run for president comes down to where he'd be able to make the most difference.

  • Rubio: We need to bring $2T US cash overseas back Wednesday, 14 Jan 2015 | 9:24 AM ET
    Sen. Marco Rubio

    Corporate taxes need to be overhauled to encourage companies to bring home "$2 trillion in cash" sitting overseas, Sen. Marco Rubio tells CNBC.

  • WASHINGTON, Jan 13- The top U.S. trade official, Michael Froman, told lawmakers a major trade pact with Pacific Rim trading partners is "on a two-month trajectory," the No. 2 Republican in the U.S. Senate said on Tuesday, although the trade office said there was no set timeline for the deal. Negotiators hope to wind up talks this year on the Trans-Pacific Partnership,...

  • WASHINGTON, Jan 13- The No. 2 Republican in the U.S. Senate said on Tuesday that American trade officials hoped to present a Pacific trade deal to Congress for consideration within the next two months. Trade Representative has been calling a number of us and saying that he thinks we are sort of on a two-month trajectory to getting something he'd like us to take up in...

  • Paul Ryan won't run for president in 2016 Monday, 12 Jan 2015 | 4:41 PM ET
    Rep. Paul Ryan

    Wisconsin Republican Rep. Paul Ryan told NBC News in an interview Monday that he will not seek the presidency in 2016.

  • Ryan won't run for president in 2016: NBC Monday, 12 Jan 2015 | 4:21 PM ET
    Ryan won't run for president in 2016: NBC

    Rep. Paul Ryan (R-Wis.) has told NBC he will not be running for president in 2016, with CNBC's Eamon Javers.

  • WASHINGTON, Jan 12- A senior U.S. House Democrat on Monday unveiled a more aggressive agenda to boost workers' paychecks by shifting significant tax breaks from the wealthiest Americans to the middle class. Van Hollen's plan calls for an annual "paycheck bonus" tax credit of $1,000 for individuals making less than $100,000 a year and $2,000 for married couples...