Budget Battles
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Republicans Want Strings Attached to California Disaster Aid
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Biden Goes Out With a Bang in the Jobs Market
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Trump Privately Pushes Senators for ‘One Big, Beautiful Bill’
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Trump Considers Declaring National Emergency for Tariff Rollout
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Trump Unloads: Grievances, Greenland and the Gulf of Mexico
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Republicans Divided Over How to Pass Trump’s Agenda
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Trump Pushes Johnson to Victory as Speaker
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GOP Leaders Take on Far Right Pressure Groups
By Eric PianinThere have been plenty of theories about why Senate Minority Leader Mitch McConnell (R-KY) strode onstage at a conservative gathering late last week carrying a rifle. Ostensibly, McConnell, the 72-...
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Some CEOs Are Still Cashing In at Our Expense
By Josh Boak, The Fiscal TimesMany of the highest paid CEOs might be ripping off stockholders and taxpayers, according to a study released Wednesday by the progressive Institute for Policy Studies.
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Tax Reform Could Be Easier Than Congress Thinks
The conservative-leaning Tax Foundation issued a press release Monday touting some “good news for tax reformers”: An analysis by experts at the foundation found that a plan to dramatically simplify...
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‘The Daily Show’ Explains Why Our ‘Chicken$#!&’ Congress Hasn’t Reformed the Tax Code
Congress may be out on its month-long August recess, but that doesn’t mean “The Daily Show” stops its skewering. Last night, host John Oliver took on our broken tax code – and used the issue to take...
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How 21 Major Corporations Dodged $93B in Taxes
By Eric Pianin and Josh BoakTwenty-one of the top 100 publicly traded U.S. corporations – including such big names as Goldman Sachs, Apple and Walt Disney – have avoided paying $93 billion a year in federal taxes by parking...
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Obama’s Bargain: Lower Rates for Higher Spending
By Eric PianinPresident Obama intends to make one last pitch for a “grand bargain” of new spending and tax policy on Tuesday that will attempt to marry corporate tax reform with funding for jobs to benefit the...
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Ominous Signs for the GOP in 2014
By Bruce Bartlett, The Fiscal TimesThe conventional wisdom is that Republicans are in good shape going into next year’s congressional elections. Gerrymandering and the enormous benefits of incumbency virtually guarantee them continued...
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Trading Tax Write-Offs for Real Growth
By Andrew Fieldhouse, The Fiscal TimesOverhauling the tax code is a wonky fixation of the D.C. policymaking elite, for good reason — it’s an area loaded with policy nuance, lobbying intrigue and major ramifications for long-term fiscal...
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IRS Scandal: How the Brouhaha Went Bust
By Peter Weber, TheWeek.comRep. Darrell Issa is still banging the scandal drum. Is anyone listening anymore?
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Beer, Burgers, and a Two-Man Blitz on Tax Reform
By Josh Boak, The Fiscal TimesSen. Max Baucus (D-MT) and Rep. Dave Camp (R-MI) are keeping hope alive that the tax code can be rewritten. Both peg the odds of successful reform at more than 50 percent, according to a joint lunch...
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GOP Regains High Ground with Cliff Counteroffer
By Eric Pianin and Josh Boakhe House Republicans regained some of the high ground on Monday – in a burst of bipartisanship -- by embracing the framework of the president’s own fiscal reform guru, Democrat Erskine Bowles.
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Dumping the Mortgage Tax Break Can Cost, Not Give
By Knowledge Wharton, Knowledge@WhartonThe mortgage interest deduction, considered by many to be the sacred cow of tax breaks, has joined the list of possible items on the chopping block in the growing debate between President Obama and...
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White House Says GOP Counteroffer Isn't Balanced
By Josh Boak, The Fiscal TimesPresident Obama has been pressing congressional Republicans for their alternative to his tax-heavy plan for trimming the budget deficit—but he might not be too thrilled with the substantial...
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Your Money: Over the Cliff and Into Tax Hell
By Kay Bell, BankrateIn a few weeks, tax laws U.S. taxpayers have enjoyed for more than a decade are scheduled to expire. Along with long-standing and historically low tax rates, several popular tax credits and...
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Cliff Stalemate Takes a Huge Toll on Manufacturing
By Edward Krudy, ReutersManufacturing unexpectedly contracted in November to its lowest level in more than three years, as companies worried about whether lawmakers in Washington could reach a budget deal in time avert a...