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Taxes & Trade Archive

Brady Vows 'Relentless' Tax Overhaul Drive

Ways and Means Chairman Kevin Brady acknowledged in a wide-ranging interview with CQ Roll Call Friday that the highway bill is unlikely to include an international tax overhaul. But the newly elected chairman vowed to continue pursuing the issue and to lay the groundwork for a longer-range tax code restructuring with sweeping rate reductions for business.

End Impunity for Tax Slackers, Cheaters and Crooks | Commentary

The Congressional Budget Office just estimated that the federal budget deficit would reach $425 billion this year. That’s an additional $1,300 of debt for each American man, woman and child.

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In Ryan, Budget Talks Gain a New Player Who's an Old Hand

Paul D. Ryan's years spent honing his fiscal expertise and cultivating relationships will assure his ascent to the speakership this week — and immediately plant a numbers pro in the middle of high-stakes budget talks.

It's Time for Fair Treatment of Our Community Organizations | Commentary

In these times of fierce partisanship, it is rare to find an issue on which two leaders from very different sides of the political spectrum can see eye to eye. However, on the issue of the Gift Tax, we agree the IRS is threatening the very foundation of our country and the great charitable organizations that serve as our foundation. It is because of this issue that we are deeply concerned for the future of our nation and the health of our communities.

Brady Seen As a Likely Successor to Ryan on Tax Panel

Rep. Kevin Brady has emerged as the front-runner to replace House Ways and Means Chairman Paul D. Ryan if the top tax writer opts to succeed Speaker John A. Boehner, R-Ohio.

Ryan's Fundraising Adds to Speaker Pressure

Ways and Means Chairman Paul D. Ryan’s stature as a GOP rainmaker is one reason so many of his colleagues want him to run for House speaker, now that California’s Kevin McCarthy has dropped out.

Speaker Fight Widens K Street, Tea Party Rift

California Republican Kevin McCarthy’s decision to drop out of the race to replace Ohio’s John A. Boehner as speaker intensifies the ideological warfare between pro-business Republicans on K Street and tea party activists.

Too Much of a Good Thing? That's Crude Economics | Commentary

The shale revolution of the past decade has fueled the bulk of our continued, albeit anemic, economic recovery and has sparked a resurgence in a number of industries, including manufacturing. The increased supply has pushed us to consider the proverbial dilemma: Is it possible to have too much of a good thing? The good thing we have is an abundance of oil and gas. Drilling techniques, new technologies, expanded resource recovery and new resource discoveries have yielded unprecedented productivity among domestic drillers. Today, the United States is the world’s top petroleum producer, bigger than either Saudi Arabia or Russia.

House GOP Civil War Takes to the Airwaves

Just two days after House Speaker John A. Boehner stunned Washington by announcing he will leave Congress next month, two top members of his House Republican conference traded barbs in a remarkably public display of internal dissent on a Sunday network news show.

McCarthy Profile: Genial Party Loyalist Rose Quickly

Speaker John A. Boehner's resignation at the end of October makes his top deputy, Majority Leader Kevin McCarthy of California, the likeliest candidate to inherit the gavel. Boehner even offered his unqualified endorsement, saying the five-term lawmaker would be an "excellent" speaker.

Rubio, Cruz Call for New Leadership Direction As Boehner Quits

Sen. Marco Rubio received boisterous applause and a standing ovation Friday when he informed a crowd at the Values Voter Summit in Washington, D.C., that Speaker John A. Boehner, R-Ohio, will resign later this year. 

Boehner Profile: Achievements and Pitfalls Mark Recent Years

Speaker John A. Boehner's stunning announcement Friday that he will resign from his House seat next month caps a 25-year career marked by legislative victories and intra-party conflicts. 

Boehner Quits; McCarthy Seen as Successor

Speaker John A. Boehner told fellow Republicans Friday morning he will resign from Congress and give up his House seat at the end of October, according to members.

Path Toward 'Clean' Spending Stopgap Bill Emerges

Senate Majority Leader Mitch McConnell on Thursday began laying the groundwork for the chamber to advance a “clean” continuing resolution in the coming days after Democrats and some Republicans banded together to block consideration of a stopgap with Planned Parenthood defunding language.

Shortcut for Budget Reconciliation Mulled by GOP Leaders

GOP leaders are considering an abbreviated form of the powerful budget reconciliation process this year, giving them the leeway to focus on other pressing matters while still issuing a prod to the president on the health care law.

U.S. and Korea: Forging a Forward-Looking, Global Partnership | Commentary

The strength of the friendship between the United States and the South Korea today was forged under fire and toughened by more than six decades of facing down mutual security threats and working together to improve the everyday lives of our citizens. Today, our countries stand together as trading partners, allies and friends.

Big Stakes for Small Exporters in Ex-Im Standoff | Commentary

In his impassioned push to save a trusted institution that has helped Americans do business overseas for generations, President Barack Obama met with a group of small-business exporters last week to highlight differences the Export-Import Bank of the United States has made in their global expansion plans.

Caviar and Airplane Sales Sweeten Iran Deal

In exchange for lifting crippling U.S., European and U.N. oil and financial sanctions, Iran agreed to a historic deal that limits its nuclear production capacity and fuel inventory over the next 15 years.

Stabenow Seeks Tax Sweeteners for NASCAR Track Operators

Sen. Debbie Stabenow, D-Mich., is teaming with Senate Appropriations Chairman Thad Cochran, R-Miss., and other senior Republicans in pressing for a permanent extension of faster tax write-offs for operators of motor racetracks, including 29 venues used for NASCAR events.

Obama Says Health Care Working; Supreme Court Upholds Law

The Supreme Court saved Obamacare from another critical legal challenge in a 6-3 decision Thursday that upholds health insurance subsidies for millions of low- and middle-income residents. President Barack Obama hailed the ruling.




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