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Updated: 10 min 57 sec ago

Democrats, show some spine on taxes

7 hours 32 min ago
Julian Zelizer says Democrats need to advocate for a progressive tax system to fight inequality and fund valuable government programs.

Union: Don't Force IRS to Hire Private Collectors Again

17 hours 2 min ago
WASHINGTON | A public employees union is fighting a bipartisan effort in Congress to force the Internal Revenue Service to hire private contractors to collect some delinquent taxes.

Union fights push to hire private tax collectors for IRS

20 hours 17 min ago
AP/J. David Ake/File The IRS had fewer enforcement agents last year than at any time since at least the 1980s. The number is expected to drop this year thanks to budget cuts.

Comparing Paul Ryan's budget to the proposal from Mark Pocan's progressive caucus

Tue, 04/15/2014 - 5:00pm
The two budgets reflect diametrically opposed visions of how to generate economic growth.

Jenkins explains budget vote; tours local businesses

Tue, 04/15/2014 - 4:29pm
U.S. Rep. Lynn Jenkins on Tuesday explained her vote in favor of a federal budget bill that she says would reign in the federal deficit, but which Democrats say would gut funding for domestic programs such as Medicare and student financial aid. By Peter Hancock

Union fights push to hire private tax collectors

Tue, 04/15/2014 - 3:20pm
WASHINGTON (AP) — A public employees union is fighting a bipartisan effort in Congress to force the Internal Revenue Service to hire private contractors to collect some delinquent taxes.

LABOR BACKLASHUnion fights push for IRS to hire private tax collectors

Tue, 04/15/2014 - 2:00pm
RNC files suit against IRS for 'stonewalling' of scandal documents IRS considers taxing work perks like food, gym memberships

Union fights Senate push to have IRS hire private contractors to collect some delinquent taxes

Tue, 04/15/2014 - 1:52pm
WASHINGTON - A public employees union is fighting a bipartisan effort in Congress to force the Internal Revenue Service to hire private contractors to collect some delinquent taxes.

Frank Clemente: You pay taxes — why don’t GE and Verizon?

Tue, 04/15/2014 - 11:00am
A Senate committee has voted to renew the "GE loophole," which lets corporations make it appear that U.S. profits were earned in tax havens like the Cayman Islands.

Obama’s Shrinking Budget Deficits Silence Foreign Critics

Mon, 04/14/2014 - 12:07pm
Six months ago, global finance officials meeting in Washington berated the U.S. for failing to put its fiscal house in order. The Treasury's coffers are swelling as the almost five-year economic expansion gains momentum, generating more corporate and personal income-tax revenue and reducing spending on social services. "Without fiscal stimulus, we'll see over the next year or two if the economy ...

Obama’s Shrinking Budget Deficits Silence Foreign Fiscal Critics

Mon, 04/14/2014 - 12:17am
The Congressional Budget Office is projecting the 2014 deficit will be the lowest in six years and down more than 60 percent from the record $1.4 trillion in 2009.

This is How Washington, D.C. Spends Your Tax Dollars

Sun, 04/13/2014 - 11:06am
A new study shows how that tax dollar you sent in this year gets divided up.

My Turn: Ryan budget means harsh cuts for Alaskans

Sun, 04/13/2014 - 4:05am
On Thursday, Rep. Don Young voted for the Ryan budget for the third year in a row. This bill is an attack on Alaska and Young should be ashamed that he voted for it. The Ryan budget: * Raises taxes on the middle class by an average of $2,000 per year.

Obama urges Congress to increase minimum wage to $10.10 an hour

Sat, 04/12/2014 - 1:08pm
President says Americans have suffered ‘stagnant wages for far too long’ but Republicans say government is the problem Martin Pengelly

Obama urges Congress to increase minimum wage to $10.10 an hour

Sat, 04/12/2014 - 12:58pm
President says Americans have suffered ‘stagnant wages for far too long’ but Republicans say government is the problem Martin Pengelly

Higher taxes on the rich haven't hurt economy

Fri, 04/11/2014 - 2:48pm
Even congressional Republicans, who said tax increases would destroy jobs, aren't pushing to repeal them.

GOP-led House approves tough Paul Ryan budget, but debate continues

Fri, 04/11/2014 - 12:37pm
WASHINGTON -- With little drama Thursday, House Republicans easily approved a largely symbolic budget proposal from Rep. Paul Ryan (R-Wis.), closing out a floor debate over spending priorities and opening a new front on the midterm campaign trail.

Wealthiest Pay Higher Taxes With Scant U.S. Economic Harm

Fri, 04/11/2014 - 10:32am
The bill for President Barack Obama's 2013 tax increases comes due April 15, and the first boost in marginal income rates in 20 years is already reducing the U.S. budget deficit without tipping the economy into recession. "In advance one always hears the squeals of the oxen who would like everyone to think they are about to be gored," said James Galbraith, an economist at the University of Texas ...

GOP-led House approves tough Paul Ryan budget, but debate continues

Thu, 04/10/2014 - 3:09pm
WASHINGTON -- With little drama Thursday, House Republicans easily approved a largely symbolic budget proposal from Rep. Paul Ryan (R-Wis.), closing out a floor debate over spending priorities and opening a new front on the midterm campaign trail.

US budget deficit falls in March to $37 billion

Thu, 04/10/2014 - 2:27pm
WASHINGTON (AP) — The U.S. government's budget deficit shrank to just $37 billion in March from $107 billion in the same month last year, the latest sign of improvement in the nation's finances. The deficit was the lowest for the month of March in 14 years.
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