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Jim McDermott

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Top Jim McDermott Articles see all

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  • Obama finds Republican friends on trade: 'This is a strange world we're in these days'

    WASHINGTON In a reversal of political roles, House Republicans on Thursday called on Congress to give more power to President Barack Obama to get new trade deals passed while Democrats warned it would be a mistake to grant the White House too much authority.
  • Obama's fast-track trade plan forced to slow start by liberals

    WASHINGTON Things got off to a slow start Wednesday for President Barack Obama's fast-track trade plan, which has emerged as one of the most divisive issues facing Democrats in the new Congress. As the Senate Finance Committee prepared to pass the bill,...

    House passes bill to repeal estate tax

    The House voted Thursday to repeal the federal tax on estates, a politically volatile issue that affects few inheritances. Republicans refer to it as the "death tax." They say it prevents small business owners and family farmers from passing businesses...

    Parties clash over wealth as House votes to kill estate tax

    WASHINGTON The U.S. House voted to repeal the 99-year-old U.S. estate tax amid a partisan clash over whether the government should break up concentrated wealth or make it easier to pass along assets to the next generation. The House passed the bill 240-...

    Tax Day is source of unhappiness for marijuana industry

    WASHINGTON For owners of marijuana businesses, April 15 is one big downer. While most business owners rush to meet the federal tax deadline and cash in on a plethora of deductions, pot store owners and growers complain that they can't write off a...