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During his Oscar-nominated cameo in “A History of Violence,” William Hurt declares ominously to the brother he is about to have murdered, “You cost me ... you cost me a helluva lot!” In a much broader sense, and in the real world, the rise of the Regulatory State has cost us a lot; a helluva lot, if you will — in excess of $2 trillion annually, as estimated by Forbes.
I recently had an irresistible proposition for a member of Congress: “What if I could show you a technology which, in one hour, would make thousands of your constituents consider you accessible and fair, increase their trust in your judgement, and triple your approval rating on one of the toughest issues Congress faces?”
Three years ago, Congress changed American patent law from a “first to discover” to a “first to file” system. Now, without waiting for these changes to be fully absorbed, some members of Congress are proposing additional changes that would impair the culture of innovation that makes America the place where someone is always trying to build a better mousetrap.
Questions about the influence of lobbyist spouses have confounded lawmakers for decades, and now confront the House Ethics Committee as it probes whether Kentucky Republican Edward Whitfield broke rules because of his staff’s work with his lobbyist wife.
A group of 181 Democratic members of the House weighed in on the legal fight over immigration on Monday, telling an appeals court that the executive branch has the authority to make the policy changes that President Barack Obama announced in November.
Sen. Charles E. Schumer, the presumed next Democratic leader in the chamber, has deep ties in the lobbying and influence sector — and a reputation for being cozy with Wall Street.
Lobbyists who left K Street in recent months to take jobs on Capitol Hill left behind big salaries and numerous clients that have a stake in the debates their new bosses are engaged in.
In the middle of a highly charged atmosphere on Capitol Hill, there is one center of bipartisanship in each chamber of Congress that remains above politics: the Ethics committees. And while they do most of their work outside the political theater with good reason, there is evidence of their productivity in little reported documents, in compliance with rigorous disclosure regimes and in the fact that so many members have resigned before the conclusion of ethics investigations.
An unusual event transpired last week in the House: A senior Republican opened a hearing by praising the Environmental Protection Agency.
Anyone hoping for an online sales tax bill out of the 114th Congress might as well be staring at a spinning circle on a computer screen.
It's one of Washington's most time-worn rituals: the St. Patrick's Day journey of Ireland's Prime Minster, or Taoiseach, to the White House with a group of Irish dignitaries to present the sitting president with a crystal bowl of Shamrocks. Ireland's Enda Kenny posed for the cameras today with President Barack Obama and the story behind the photo op said more about Ireland's current economic state than the tradition itself, which dates back to John F. Kennedy’s day.
While lawmakers discuss how best to undo the nuclear deal President Barack Obama and his team have diligently pursued over the past 18 months, they leave fallow a far more important and positive area in which they could contribute: How to respond in the event a deal is not reached.
The veneer of civility between party leaders on the House floor is thinning.
Republicans on the House and Senate Budget committees are striving to craft fiscal 2016 budget resolutions tailored to win the support of their divergent GOP caucuses, but still similar enough to allow for compromise.
If there’s one part of the tax code that both parties want to overhaul sooner rather than later, it’s taxation of foreign profits.
Thanks in part to past concerns that globalization could lead to double taxation, corporations have numerous techniques at their disposal to reduce their tax bills, including the placement of subsidiaries and spinoff holding companies in low-tax jurisdictions.
During the darkest days of the Great Recession, one of the lone bright spots was America’s energy industry. Increased oil and natural gas production powered the manufacturing renaissance that pulled our economy back from the brink.
Florists count on Valentine’s Day revenues much like other retailers count on Christmas — a good holiday can make or break a shop’s financial year. To capitalize on an expected increase in business every February, many florists will rent vans or moving trucks to supplement their fleets, move extra stock and make deliveries. Unfortunately, when they do so, florists are forced to pay discriminatory taxes on the trucks they rent.
Traditional installment loans are the safest and most affordable way for American families to borrow small dollar amounts.
Many of the hardest-working communities in America are in the Appalachian coal region that stretches from Ohio and Pennsylvania, to Kentucky, West Virginia and Virginia. For decades, workers have given all of their daylight hours in the darkness of mines so their families and others across the country can keep their lights on. But for decades these communities have suffered economic decline, as widespread job losses have decimated cities and towns and left families with little support. Generations of coal miners have seen their jobs disappear, from 122,000 in 1985 to just 58,000 in 2012, a reality driven largely by market forces and inequities embedded in the coal market.