Congress passed the Conference Report on Military Construction, Veterans Affairs, and Consolidated Appropriations Act (HR 2055, HRRepNo 112-331), which contains funding for the Treasury and…
After the Senate failed to take up competing payroll tax cut extensions, White House Press Secretary Jay Carney said the president, in the days ahead,…
The Joint Select Committee on Deficit Reduction failed to reach agreement on a deficit-reduction package by the November 21 deadline. President Obama noted that he…
During the week of November 7, the Senate approved a bill that includes tax credits for employers who hire unemployed veterans just days after President Obama urged lawmakers to pass such legislation. The IRS, meanwhile, adopted regulations providing r…
With Congress on recess, President Obama called for a bipartisan compromise on a deficit-reduction package that includes tax increases, specifically by closing loopholes for the…
With the August 2 default date fast approaching, the White House and lawmakers continued trying to hammer out a debt-ceiling agreement that would win bipartisan…