Continued from page 1

The former House speaker did not directly mention GOP rivals Mitt Romney or Rick Santorum in his unusually short 12-minute remarks. He made only a passing reference to President Obama. Mr. Gingrich restated his goal of giving workers the option of having private Social Security savings accounts.

Mr. Gingrich was scheduled to return to Washington later in the day, and has scheduled no public events for Thursday.


Wyden seeks reason used in al-Awlaki killing

A Democratic member of the Senate Select Committee on Intelligence says that he, like the public, is being kept in the dark about Justice Department legal advice on when the U.S. may kill American citizens abroad who are suspected terrorists.

Sen. Ron Wyden of Oregon says he has been trying for more than a year to get the legal analysis from the intelligence community. He is renewing his request more than four months after American-born cleric Anwar al-Awlaki and a second American, Samir Khan, were killed by a CIA airstrike in Yemen.

Newsweek magazine reported two weeks ago that the Obama administration was planning to reveal publicly the legal reasoning behind its decision to kill al-Awlaki. The administration has not done so.


U.S. pledges to help find global tax evaders

The United States and five European nations are pledging to crack down on global tax evaders.

The Treasury Department said Wednesday that the U.S. government has signed a joint agreement with France, Germany, Italy, Spain and the United Kingdom to intensify their efforts to fight international tax evasion.

Treasury also announced that the Internal Revenue Service is publishing proposed rules investors will have to follow in reporting on earnings from foreign bank accounts.

The regulations were required under a 2010 measure that Congress passed aimed at cracking down on taxpayer use of foreign accounts to avoid paying U.S. taxes.

“When taxpayers overseas avoid paying what they owe, other Americans have to bear a disproportionate share of the tax burden,” said Emily S. McMahon, Treasury’s acting assistant secretary for tax policy.

The regulations establish tax reporting requirements for foreign banks that hold accounts for U.S. taxpayers.

Story Continues →