By Susan Crabtree | 08/29/14 12:11 PM
The U.S. Treasury Department on Friday penalized more than 25 entities and individuals it believes are involved in assisting Iran's nuclear program, supporting terrorism or aiding Tehran's evasion of U.S. and international sanctions.
By Michael Barone | 08/27/14 05:40 PM
"The tax system should be simplified and work for all Americans with lower individual and corporate tax rates and fewer brackets." That's from the Obama administration's 2009 proposals for tax reform, straight from whitehouse.gov.
By Lawrence Kudlow | 08/25/14 10:07 PM
The Bank of America settlement "highlights a pattern of the government extorting the banks," said a former Wells Fargo CEO, and he's absolutely right.
08/25/14 04:01 PM
WASHINGTON (AP) — Interest rates on short-term Treasury bills were unchanged in Monday's auction with both the three-month and six-month bills going for the same rates as the previous week. The Treasury Department auctioned $29 billion in three-month bills at a discount rate of 0.030 percent,...
By Brian Hughes | 08/25/14 03:02 PM
The White House resisted a chance Monday to denounce Burger King for potentially relocating its headquarters to Canada as part of a possible purchase of doughnut and coffee chain Tim Hortons, even though President Obama has repeatedly ripped such corporate moves.
By Joseph Lawler | 08/21/14 08:30 PM
Companies aren't fleeing the United States because of a lack of tax competitiveness, a top tax expert says. They're leaving to use the trillions of dollars in cash they hold abroad to boost their stock prices.
By Joseph Lawler | 08/21/14 10:27 AM
President Obama may not be able to stop "corporate deserters" from taking up legal residency in low-tax countries. But it appears that his Treasury Department will try to make the prospect of leaving the U.S. as unattractive as possible.
By Lawrence Kudlow | 08/18/14 08:40 PM
The sooner we truly give up on Keynesianism, the sooner we can fix this economy.
08/18/14 04:00 PM
WASHINGTON (AP) — Interest rates on short-term Treasury bills were unchanged in Monday's auction. The Treasury Department auctioned $29 billion in three-month bills at a discount rate of 0.030 percent, unchanged from last week. Another $25 billion in six-month bills was auctioned at a discount...
By Kelly Cohen | 08/18/14 03:04 PM
President Obama has claimed since his first day in the Oval Office that his administration would be "the most transparent" in history.
08/15/14 10:31 AM
WASHINGTON (AP) — Foreign buyers of U.S. Treasury securities increased their holdings in June, topping $6 trillion for the first time. Total foreign holdings rose 0.6 percent to $6.01 trillion, up from $5.98 trillion in May, the Treasury Department said Friday in its monthly report. The...
08/13/14 09:45 PM
NEW ORLEANS (AP) — The U.S. Treasury has set out 97 pages of rules for investing and allocating money that BP PLC and other defendants will pay in Clean Water Act fines for the Gulf of Mexico oil spill of 2010. The rules released Wednesday formally set up a trust fund for money that state and...
By Joseph Lawler | 08/13/14 03:33 PM
The trust fund for the disability program will run out in late 2016, Social Security's Board of Trustees warned in late July. Without congressional action, disabled workers would immediately face a 25 percent cut in their benefits.
By Joseph Lawler | 08/13/14 10:31 AM
Companies leaving the U.S. for low-tax countries might not cost America as much as you thought.
08/06/14 09:30 AM
WASHINGTON (AP) — The government says it will sell $67 billion in Treasury securities next week as part of its regular quarterly refunding auctions. The Treasury Department also announced Wednesday that it will buy back a small amount of securities from market dealers in the fourth quarter to...
By Betsy Woodruff | 08/28/14
By Byron York | 08/28/14
By Paul Bedard | 08/29/14
By Michael Barone | 08/27/14
By Rebecca Berg | 08/29/14