| Apr 9, 2014
| 2:25 PM
WASHINGTON -- A House committee Wednesday took the rare step of recommending criminal prosecution of Lois Lerner over the alleged targeting of conservative groups by the Internal Revenue Service, the latest bid by Republicans to keep the issue alive ahead...
| Apr 13, 2014
| 5:00 AM
WASHINGTON — Renewal of important expired federal tax benefits for homeowners took a major step forward recently, but the route to final congressional approval is beginning to look longer — and potentially bumpier — than previously...
| Apr 1, 2014
| 3:22 PM
WASHINGTON -- The austere Republican budget proposal from Rep. Paul D. Ryan would slash federal spending to pre-Eisenhower levels, but the "turbo cuts" on every aspect of government -- except the military -- are still not enough to reach his promise of...
| Mar 21, 2014
| 4:30 AM
A U.S. Senate investigative panel is examining Caterpillar Inc. and whether the company improperly avoided U.S. taxes by moving profits outside the country, said three people familiar with the inquiry.
The Senate’s Permanent Subcommittee on...
| Mar 9, 2014
| 5:00 AM
WASHINGTON — You may have seen reports about a major tax reform proposal floated recently by Rep. Dave Camp of Michigan, the chairman of the House Ways and Means Committee.
But you probably didn't see the grisly list of long-standing home real...
| Jul 29, 2014
| 11:18 AM
In coming weeks, Walgreen Co. is expected to decide whether it will proceed with the purchase of a big European drugstore chain. That deal would enable Walgreen to relocate from north suburban Deerfield to Europe, where it would pay a lower tax rate....
| Jul 15, 2014
| 7:08 PM
President Obama hopped into the driver's seat of an automobile simulator Tuesday, but the feeling of flying along at 90 mph lasted only as long as the photo opportunity.
"I think I had a little bit of a lead foot," he joked later, noting that he hasn'...
| Jul 4, 2014
| 2:05 PM
Congress returns to work Monday facing a tight deadline to fund highway and road projects across the country, an election-year scramble that has injected uncertainty into state and local construction plans at the start of the summer driving season....
| Jul 11, 2014
| 12:35 PM
In the world of highway repairs, the term "cold patch" refers to an asphalt mix that's used to temporarily fill potholes. Congress appears to be inching slowly toward its own version of a cold patch that would maintain funding for highway and transit...
| Jun 24, 2014
| 3:51 PM
A year after the Internal Revenue Service was found to be targeting conservative groups and others seeking tax-exempt status, the scandal has erupted again with disclosures that the agency lost thousands of emails from a former official at the center of...
| Jun 18, 2014
| 1:46 PM
As Congress works to approve a short-term infusion of cash to prevent a halt in highway and road construction projects this summer, a pair of senators called Wednesday for raising national fuel taxes by 12 cents a gallon over the next two years as part of...