Veterans Affairs, Homeland Security and the Pentagon would be spared under the plan approved by the House Appropriations Committee on a party-line vote, but legislation responsible for federal firefighting efforts and Indian health care would absorb a cut of 18 percent below legislation adopted in March.
WASHINGTON, May 8- Anti-tax advocates on Wednesday applauded an effort by Senator Rand Paul to roll back important sections of a U.S. law designed to fight tax evasion by Americans with assets stored overseas.
His bill has little chance of winning approval in the Democratic-controlled Senate. Starting next year under FATCA, foreign banks, investment funds and other financial institutions will have to tell the U.S. Internal Revenue Service about Americans with accounts that are worth more than $50,000.
*Paul has hold on three treaties, more in the pipeline* Businesses eager for treaties to win Senate approval By Patrick Temple-West.
*Businesses eager for treaties to win Senate approval. Citing privacy concerns about Americans' tax data, Paul, a Republican and libertarian, has single-handedly blocked Senate action on treaties with Hungary, Switzerland and Luxembourg that have been signed by authorities on both sides, but have been awaiting Senate review since 2011..
*Businesses eager for treaties to win Senate approval. Citing privacy concerns about Americans' tax data, Paul, a Republican and libertarian, has single-handedly blocked Senate action on treaties with Hungary, Switzerland and Luxembourg that have been signed by authorities on both sides, but have been awaiting Senate review since 2011..
WASHINGTON, March 21- The majority of Americans favor giving millions of illegal immigrants a way to earn citizenship, according to a survey released on Thursday, highlighting public support for efforts in Congress to reform immigration law.
CARACAS- Sobbing and shouting, a throng of Hugo Chavez's supporters paraded his coffin through the streets of Caracas on Wednesday in an emotional outpouring that could help his deputy win an election to keep his socialist revolution alive.
WASHINGTON, Feb 17- The White House is drafting a backup immigration reform plan in case a bipartisan congressional committee working on a bill fails, an Obama Administration official said on Sunday, though a key Republican said the president's plan would be "dead on arrival" on Capitol Hill.
WASHINGTON, Dec 12- More public jousting in the "fiscal cliff" talks is expected from Democrats and Republicans on Wednesday in what has become a daily ritual of demanding more specific proposals to avert the steep tax hikes and budget cuts set for the end of the year.
On Tuesday the White House and House of Representatives Speaker John Boehner traded offers still couched in broad and familiar terms that neither side found sufficiently detailed.