| March 17, 2014, 5 a.m.
House Ways and Means Committee Chairman Dave Camp, R-Mich., has unveiled his Tax Reform Act of 2014, the most comprehensive tax reform proposal in nearly three decades. The Camp plan is a bold, even radical, proposal which has shocked many members of Congress on both sides of the aisle and outraged many business interests.
| March 11, 2014, 5:32 p.m.
With Democrats and Republicans offering proposals to hit the financial sector with new taxes or fees, financial executives and lobbyists say they are re-evaluating how they will direct their political cash this election cycle and where they will seek allies on and off Capitol Hill.
| March 11, 2014, 4:45 p.m.
European countries seeking to ease their dependence on Russian natural gas may discover that their salvation lies deep beneath their native soil.
| March 5, 2014, 4:47 p.m.
Obama administration staffers working on the presidentís proposal to double the earned income tax credit availability to single childless workers could take a lesson from New York City, which last year launched a pilot program to do just that.
| March 4, 2014, 3:03 p.m.
House Ways and Means Chairman Dave Campís proposed tax overhaul got high marks last week from federal transportation leaders for committing to prop up the ailing Highway Trust Fund, but it is drawing criticism from state and local officials who depend on municipal bonds to finance infrastructure projects.
| March 4, 2014, 2:05 p.m.
In addition to worrying road builders, state highway officials and transit agencies, House Ways and Means Chairman Dave Campís tax overhaul plan has struck a nerve with airport operators.
| March 4, 2014, 11:40 a.m.
President Barack Obamaís budget for fiscal 2015 is perhaps his most realistic to date. Grand bargains are out. Grand new proposals are out, too.
| March 3, 2014, 11:04 a.m.
Acrimony has become one of Washingtonís defining characteristics. For almost the entirety of President Obamaís tenure, the legislative and executive branches have been at bitter odds, failing to seize big moments and enact legislation of great substance. Unfortunately, unless someone steps forward, another opportunity could soon be lost, this time, to pass free trade agreements with allies in Europe and Asia that will open markets with nearly one billion customers to American employees and employers.
| March 3, 2014, 5 a.m.
While the United States economy continues to falter, some in Congress are standing in the way of a key trade vote that has the potential to benefit our stagnant economy.
| March 3, 2014, 4 a.m.
Almost ten years ago under President George W. Bush, Democrats in the House and Senate voted overwhelmingly against the last controversial free trade agreement to come before Congress, the Central American Free Trade Agreement (CAFTA). Now leading Democrats in Congress are threatening to deny or delay, giving President Obama the Trade Promotion Authority (TPA) essential to complete two of the largest free trade agreements in American history, the Trans-Pacific Partnership (TPP) and the Transatlantic Partnership (TTIP). These agreements have enormous potential for creating hundreds of thousands of jobs and an almost one percent increase in U.S. GDP without adding to the deficit.
| Feb. 28, 2014, 2:14 p.m.
Senate Budget Chairwoman Patty Murray confirmed Friday that the Senate will not move a fiscal 2015 budget resolution even as House Budget Chairman Paul D. Ryan began meetings with fellow Republicans aimed at crafting a House tax and spending blueprint for the fiscal year starting Oct. 1.
| Feb. 28, 2014, 4 a.m.
Since the gasoline shortages of the 1970s, Congress has, with only a few exceptions, barred all U.S. crude oil exports. But an energy policy that may have made sense 40 years ago no longer does. Innovative drilling techniques have spawned an oil and natural gas boom in the United States. Since oil surpluses can create as many problems as oil shortages, itís time to eliminate those export restrictions.
| Feb. 21, 2014, 1:37 p.m.
Assessments of a proposal by Senate Democrats this month to offset the cost of extending emergency unemployment benefits by temporarily reducing companiesí pension payments won rare agreement from the right and the left.
| Feb. 21, 2014, 1:35 p.m.
The Congressional Budget Officeís dismissal of a legislated cap on war spending marks a rare case in which the nonpartisan research arm of Congress effectively tossed out an offset as essentially mistaken accounting.
| Feb. 21, 2014, 4 a.m.
Business owners know the importance of investing to keep their companies competitive. When essential equipment breaks, they fix it if they can or replace it if they canít. They donít respond by cutting their budget for maintenance and investment. Yet thatís what Congress has done.
| Feb. 18, 2014, 4 a.m.
What happens when a government agency adjudicates without authority, assuming Congress will simply provide forgiveness, rather than ask for permission? That is the question that is being asked this week after the Federal Trade Commission petitioned Congress for powers it does not currently have regarding data breaches and cybersecurity while already exercising the very powers they seek.
| Feb. 12, 2014, 5:37 p.m.
Twenty years ago this month, trade relations between Vietnam and the United States were restored when President Bill Clinton lifted a punishing trade embargo. This was an important step toward normalizing relations between our countries, putting our interactions on a course that continues to deepen, expand and benefit both nations.
| Feb. 4, 2014, 3:38 p.m.
The debate about lifting 1970s restrictions on crude oil exports has renewed another old fight over a 1920 maritime law known as the Jones Act.
| Feb. 4, 2014, 1:57 p.m.
The debate over lifting the nationís restrictions on exporting crude oil centers on refinery capacity and the types of available crude, complexities that could shift if the Keystone XL pipeline is approved.
| Jan. 27, 2014, 4 a.m.
As President Barack Obama prepares to deliver his State of the Union address this week, the focus will no doubt be about generating more economic opportunity for the American worker. Consequently, both the White House and congressional Republicans have begun to approach the issue from a variety of angles and from across the political spectrum.