Stephen Moore says he has paid off a $75,000 income tax lien but that the IRS owes him money.
The ITC report is a crucial step in the push for Congress to consider ratification of the U.S.-Mexico-Canada Agreement, which was signed by President Donald Trump and the leaders of the other two countries last year to replace the 25- year-old North American Free Trade Agreement. The trade deal's success or failure in Congress could be determined by how it is...
April 10- U.S. lawmakers proposed a bill on Wednesday that would require major tech companies to detect and remove any discriminatory biases embedded in their computer models, underscoring Washington's growing interest in regulating Silicon Valley. Senator Cory Booker and Representative Yvette Clarke, both Democrats, joined Wyden in introducing the bill,...
The plan doesn't include tax increases on the wealthy or corporations — measures embraced by several Democratic presidential candidates.
Eleven Democratic senators said Monday that they will investigate Juul's marketing practices and its deal with Marlboro maker Altria.
Sen. Ron Wyden, D-Oregon, has proposed marking-to-market the investments that are held by "millionaires and billionaires." That means your appreciation would be subject to a tax each year. Here's why making it work won't be easy.
A top senate Democrat is out with a new way to tax capital gains. CNBC's Robert Frank reports and the panel, joined by founder and CEO of Operation Hope John Hope Bryant, discuss the proposal.
WASHINGTON, March 19- Following the live-streaming on social media of the mass shooting in New Zealand, the chair of the U.S. House Committee on Homeland Security wrote a letter to top executives of four major technology companies urging them to do a better job of removing violent political content. "If you are unwilling to do so, Congress must consider policies to...
Wyden's measure would target legal donations for buildings or scholarships on campus, and purchases of sports tickets.
Whether you paid college tuition in 2018 or you coughed up money for mortgage insurance, you should keep an eye on this package of tax breaks that are up for renewal.
March 4- Drugmaker Eli Lilly and Co announced plans on Monday to sell a half-price version of its popular insulin injection Humalog, as it fends off criticism about rising drug prices in the United States. The cost of insulin for treating type 1 diabetes in the United States has nearly doubled over a five-year period, leading some patients to put their own health...
Sen. Ron Wyden blasts AbbVie CEO Richard Gonzalez, saying tying sales of arthritis treatment Humira to his annual bonus is "problematic."
WASHINGTON/ NEW YORK, Feb 26- U.S. senators called drug pricing practices "morally repugnant" and told drug company executives they do not want to hear them blame others for the high prices, taking an aggressive stance at a Senate hearing on the rising costs of prescription medicines. Executives from AstraZeneca PLC, Sanofi SA, Pfizer Inc, Merck& Co, Johnson& Johnson...
WASHINGTON/ NEW YORK, Feb 26- U.S. Senators called drug pricing practices "morally repugnant" and told drug company executives they do not want to hear them blame others for the high prices, taking an aggressive stance at the start of a Senate hearing on the rising costs of prescription medicines. Congress has already held several hearings on rising prescription...
Democratic Sen. Ron Wyden calls out drug giant AbbVie for raising the price of its blockbuster rheumatoid arthritis drug Humira.
WASHINGTON, Feb 22- Two top U.S. senators launched an investigation into rising insulin prices on Friday, sending letters to the three leading manufacturers seeking answers as to why the nearly 100- year-old drug's cost has rapidly risen, causing taxpayers to spend millions of dollars a year. Republican Senator Chuck Grassley, chairman of the Senate Finance...
Johnson & Johnson said it will start adding the price of its medicines to television commercials by next month.
NEW YORK/ WASHINGTON, Jan 31- The U.S. government on Thursday proposed a rule to end the industry-wide system of after-market discounts called rebates that pharmacy benefit managers receive from drugmakers, a practice that has been under increased scrutiny. The proposed rule from the U.S. Department of Health and Human Services would apply to companies like...
WASHINGTON, Jan 29- China and Russia pose the biggest risks to the United States, and are more aligned than they have been in decades as they target the 2020 presidential election and American institutions to expand their global reach, U.S. intelligence officials told senators on Tuesday. While China and Russia strengthen their alliance, Director of National...
WASHINGTON, Jan 29- China and Russia pose the biggest risks to the United States and are more aligned than they have been in decades, U.S. intelligence leaders told senators on Tuesday, in testimony that repeatedly contradicted President Donald Trump's statements on global threats. While Beijing and Moscow seek to expand their global reach, Director of...
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