Indiana Gov. Mike Pence was named a "champion tax cutter," in the Cato Institute's new statehouse report card, released Thursday, which puts Mr. Pence at the top of all of the GOP governors mentioned as potential 2016 presidential contenders.
Taxes & Budget
Coverage of the national budget and your taxes.
By David Sherfinski - The Washington Times
Republican congressional candidate David Brat would not commit to supporting John A. Boehner as House speaker next year and isn't ready to say whether he backs President Obama's tactics to fight Islamic State terrorists in Syria and Iraq. Published September 30, 2014
Employers were more willing to create jobs and workers were more willing to take them after the expiration in January of a program entitling unemployed workers to collect nearly two years of benefits.
A federal judge could rule Wednesday on a bankruptcy exit plan for Stockton, an inland port city in California that in 2012 became the largest city in the U.S. to file for Chapter 9 protection before Detroit filed last year.
Holding a large lead in the polls, the Democratic candidate for governor of Pennsylvania said Wednesday he will likely raise taxes on workers with income as low as $70,000, a level he called the cutoff for the middle class.
President Obama said Tuesday that he was "impressed" with new Indian Prime Minister Narendra Modi's commitment to lifting his people out of poverty and deepening ties with the U.S.
Minority Whip Steny H. Hoyer said Monday that if voters unhappy with gridlock in Washington should give Democrats the majority in the House, allowing President Obama and his party another chance to pursue their agenda.
Utah's reputation as a mecca for outdoor recreation helped to deliver more than $1 billion in tourist-generated tax revenue last year, according to the state tourism director.
The IRS wrote off nearly $7 billion in tax debts in cases where it said it couldn't locate the taxpayer in 2012, but an audit released Monday found that more than half of the time the agency gave up too soon and didn't show it had done everything needed to prove it could never get the money.
Gambling officials say the industry paid out a jackpot-worthy $38 billion in federal, state and local taxes in 2013.
The number of residents in Maryland who took advantage of the federally funded free phone program — dubbed by some as "Obamaphone" — swelled between 2009 and 2012 to about 645,000.
Investigators have recommended the government bar a Virginia company that employs a who's who list of former powerful federal officials from getting contracts after they found employees at the Department of Veterans Affairs improperly tried to steer business to the firm.
President Obama said Sunday that those who believe Democrats will suffer in November because of this administration's track record on the economy are mistaken and that he willing to "put my record against any leader around the world."
Colorado on Friday approved a $5 million incentive package to lure production of the upcoming Quentin Tarantino film "The Hateful Eight."
The U.S. economy grew at a robust 4.6 percent annual rate in the second quarter in the best performance since 2011, the Commerce Department reported Friday.
Chattanooga’s government-owned fiber optic cable, telephone and high-speed Internet scheme has been hailed as a revolutionary example of publicly-funded broadband. The Internet service, which officials claim can reach speeds of a gigabit-per-second, even led Chattanooga officials to attempt to rebrand the town as “Gig City.”
Recent Opinion Columns
Just as he does every election year, President Obama is pivoting to the economy.
Crony capitalism plans are so lucrative for a select few that they are hard to kill. Those who get rich make generous campaign contributions, hire lobbyists and run massive public relations propaganda campaigns, using the billions of our tax dollars that they receive.
The final days of September are a time of last-minute budget wrangling in towns across America. Most cities start their fiscal year next week, and the skirmishes over pennies in a town budget are sometimes more vicious than a Washington argument over billions.
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.