House Speaker John A. Boehner on Thursday promised tax reform, an intense focus on boosting energy production and creating U.S. jobs, and even hinted at action on immigration, if the GOP wins control of both chambers of Congress in November's elections.
Taxes & Budget
Coverage of the national budget and your taxes.
By Drew Johnson - The Washington Times
A part of the $800 billion stimulus package that President Obama pushed through Congress in 2009 was aimed at reducing diesel emissions and helping the environment, but a big chunk of it may have gone up in smoke, according to a new internal audit. Published September 18, 2014
The United States' top watchdog in Afghanistan wants answers on why the State Department spent $6.5 million on six communication towers that aren't being used and have so far led to one fatality.
Alas, almost half of the U.S. Senate has earned an F grade in "fiscal performance" according to the National Taxpayers Union's 35th annual rating of Congress. Indeed, 45 senators received the rock bottom grade on the scorecard, which analyzes their responses to every single roll call vote affecting federal taxes, spending, debt and significant regulations.
Republican Gov. Susana Martinez says state government's finances are on "solid ground" because of her fiscal policies and she's criticizing Democratic challenger Gary King for supporting tax increases two decades ago when he was a legislator.
Gov. Jerry Brown has headed to the cradle of the Hollywood film industry to sign legislation that more than triples the state's annual tax credit to $330 million a year for films and TV shows produced in California.
A taxpayer-funded musical on climate change is closing its curtains early amid a storm of criticism from reviewers and lawmakers.
Ahead of a possible 2016 White House bid, Vice President Joseph R. Biden visited Iowa on Wednesday and struck a passionate, populist note, blasting U.S. corporations and the wealthy who he argues are able to dodge taxes and reap greater profits at the expense of the middle class.
"If elected, I will sponsor legislation to eliminate the federal income tax, cut federal spending to the 1998 level ($1.65 trillion) and get the IRS off the backs of taxpayers." And so say the 40 official Libertarian Party candidates running for office around the nation in a public pledge.
Wisconsin Republican Gov. Scott Walker said he would push legislation that would require working-age adults receiving food stamps or unemployment benefits to submit to drug testing.
A nonprofit group headed by a former top Iowa Republican Party official is suing the Treasury Department, saying the agency has ignored its request for records of a meeting between Treasury officials and the Democratic fundraiser and billionaire Tom Steyer.
Recent Opinion Columns
The estate tax, or "death tax," has been a historical grievance for many American families. Its roots go back to the short-lived stamp tax (1797-1802), and includes the 1862 Revenue Act and 1898 War Revenues Act.
People from New York, New Jersey and even Wisconsin have been moving to Florida in droves. Yes, the weather is much nicer in Ft. Lauderdale in January than in Green Bay, but keeping more of your own money seems to be a major influence.
Money's tight for the federal disability insurance program. Unless Congress acts, the Disability Insurance Trust Fund will run out of money in 2016. At that point, nearly 11 million Americans would see their disability benefits cut by nearly 20 percent, leaving the average beneficiary below the poverty level.
Congress prefers not even to talk about earmarks, and when forced to the wall by public opinion it does as little as it can to prevent the savings of billions of dollars. Congress likes to spend other people's money.