In the News

Record Taxpayer Cost Is Seen for Crop Insurance

WASHINGTON — The worst drought in 50 years could leave taxpayers with a record bill of nearly $16 billion in crop insurance costs because of...

House Goes Senate One Better with Pork Laden Sandy Bill

House Republicans last week blasted Senate Democrats for filling the fiscal cliff deal with pet projects and pork barrel spending. That...

Solving the Fiscal Impasse Starts and Ends at the Pentagon

As Afghan President Hamid Karzai returns to the United States this week, he will meet President Barack Obama at a time when the overwhelming...

In ‘fiscal cliff’ bill, White House was key to corporate tax breaks

WASHINGTON, Jan 7 (Reuters) - As the U.S. Congress rushed last week to approve a "fiscal cliff" tax bill that raised income taxes on the...

Fiscal Cliff Winner: Tax Breaks for Oil and Gas Industries

The fiscal cliff deal reached in Washington proved to be a winner for the oil and gas industry on two counts. First and foremost, the...

Tax reform more likely after ‘fiscal cliff’ agreement, say House Republicans

GOP tax-writers in the House say the “fiscal cliff” agreement has made them more confident that a tax overhaul can be passed in 2013 that...

Some Connecticut companies get breaks in fiscal cliff deal

Washington -- While lawmakers championed the fiscal cliff deal as the mechanism that keep taxes on the middle class from rising, they also,...

Fiscal Cliff’ Bill Includes Tax Help for Select Industries

The "fiscal cliff" bill that prevented income taxes from rising for most Americans also renewed special tax breaks for a variety of...

Electric Motorcycle Maker Gets Home-State Help in Tax Deal

(Updates with comments by Zero Motorcycle executive starting in 18th paragraph.) Jan. 3 (Bloomberg) -- The fine print of Congress’s Jan. 1...

Congress Aids Oregon Electric Motorcycle Maker in Budget

The fine print of Congress’s Jan. 1 budget deal includes a tax credit rewritten by Oregon lawmakers to benefit home-state motorcycle...

Engineering Boondoggles

While Washington is wringing its hands about the automatic across-the-board budget cuts known as...