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 Carla Kalogeridis | 07/24/14 03:15 PM
Depending on who you talk to, the Ex-Im Bank is either a financial support that U.S. exporters need to compete globally -- or government interference in the private-sector lending market, primarily helping big companies that don't need it.
By Joseph Lawler | 07/17/14 04:56 PM
Sen. Orrin Hatch isn't playing along with Jack Lew's exhortation for "economic patriotism."
By Luke Rosiak | 08/21/14
By David Freddoso | 08/20/14
By Becket Adams | 08/21/14
By Betsy Woodruff | 08/21/14
By Philip Klein | 08/21/14