Skip to content

Taxes & Budget

Coverage of the national budget and your taxes.

David Brat says he is focusing right now on getting to know Virginia's 7th Congressional District rather than looking ahead to whom he would support as House speaker if he wins election, but he indicated that the economy is a big issue for him. (Associated Press)

Likely Cantor replacement Brat unsure he’ll support Boehner

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

Recent Stories

The Google barge is seen moored at the Port of Stockton Thursday, March 6, 2014, in Stockton, Calif.  Google's mystery barge has arrived at its new home in the California delta after the Internet company was ordered to move it from San Francisco. The odd-looking, four-story vessel made of recycled shipping containers departed from Treasure Island to comply with a Jan. 31 regulatory order concluding that Google Inc. didn't have the proper permits to build it there. Construction stopped on the project late last year. Google says the barge will serve as an interactive technology center when it's done. (AP Photo/Ben Margot)

US bankruptcy ruling possible for California city

- Associated Press

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.

Republican Gov. Tom Corbett speaks during a gubernatorial debate with Democrat Tom Wolf on Monday, Sept. 22, 2014, in Hershey, Pa. The debate is hosted by the Pennsylvania Chamber of Business and Industry. (AP Photo/Matt Rourke)

Democrat in Pa. governor's race plans income-tax hikes

- The Washington Times

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.

Hoyer

Hoyer makes a pitch for a Democratic House

- The Washington Times

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.

FILE - This Nov. 23, 2013, file photo, shows Park City from a trail at the Park City Mountain Resort, in Park City, Utah. A long-running court battle between two ski industry titans is putting the upcoming season in jeopardy at one of Utah's largest resorts. A Utah judge is expected to decide Friday how much Park City Mountain Resort must pay to cover back rent and court costs so it can stay open through April 2015. If the price tag is too high, the lifts could stand idle when the season opens in less than three months. (AP Photo/Rick Bowmer, File)

Utah collects about $1B in tourism tax revenue

Associated Press

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.

Former Internal Revenue Service official Lois G. Lerner has been at the center of a scandal involving her erased hard drive and missing emails. (associated press)

IRS doesn't do enough to collect on tax debts: audit

- The Washington Times

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.

Reel tender Mo Laussie watches fiber-optic cable as he helps install the cable onto telephone poles in 2001 in Louisville, Colo.

Golden Hammer: Chattanooga chokes on too much fiber

- The Washington Times

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

In this July 28, 2014 photo, two donkeys run through a pasture at the home of Tammy and Rick Huffstutlar in front of wind turbines in Calumet, Okla. A decade ago, states offered wind-energy developers an open-armed embrace, envisioning a bright future for an industry that would offer cheap electricity, new jobs and steady income for large landowners. Today, many of the same political leaders who initially welcomed the wind industry want to regulate it more tightly.   (AP Photo/Sue Ogrocki)

Tax dollars blowing in the wind-energy production credit

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.

FILE - This Jan. 11, 2013, file photo shows the Social Security Administration's main campus in Woodlawn, Md. A new congressional report says the Social Security Administration has been closing a record number of field offices, even as millions of baby boomers approach retirement. The agency blames budget constraints. As a result, seniors seeking information and help from the agency are facing increasingly long waits _ in person and on the phone. (AP Photo/Patrick Semansky, File)

GRESZLER: Federal disability fund needs reform, not a bailout

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.