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The nearly 37 million hours required to fill out the required paperwork each year translates to roughly 18,000-19,000 full-time jobs.
Economy

Banks spend 37 mil hours on paperwork

Joseph Lawler -
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Fannie Mae's settlement ends litigation involving accusations it misled investors before 2008. (AP Photos)
Economy

Fannie, Freddie lawsuit thrown out

Joseph Lawler -
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U.S. job creation fell short of expectations in October, even as the labor market continues to gain strength in 2014. (iStock Photo)
Economy

3.6 million have lost unemployment insurance, Democrats say

Joseph Lawler -
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The question of multinationals lowering their payments to the U.S. Treasury has gained attention in Washington in recent weeks, as inversions —
Economy

Carl Levin touts European finding that Apple got favorable tax deal from Ireland

Joseph Lawler -
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Harvard University Professor Larry Summers would be able to lecture Congress and the president on what needs to be done to spur economic growth. (AP File)
Economy

Summers: Treasury undid one-third of Fed’s bond-buying stimulus

Joseph Lawler -
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AIG's lawsuit claims that the government treated it unfairly during its 2008 bailout. (Getty File Photo/Spencer Platt)
Economy

New trial will shine light on 2008 bailout of insurance giant AIG

Joseph Lawler -
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Paul Ryan says he hopes his party can hit singles and doubles when it comes to spending and taxing. (Graeme Jennings/Examiner)
Economy

Ryan hoping for ‘singles and doubles’ if Republicans win control of Senate

Joseph Lawler -
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The world is falling deeper into debt and faces the ugly prospect of either continued slow economic growth or another financial crisis, a new report written by former central bankers warns. (iStock Photo)
Economy

World faces slow growth or another crisis, former central bankers warn

Joseph Lawler -
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Lew said the Treasury Department was taking
Economy

Treasury: New tax changes to stop inversions

Joseph Lawler -
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New bank rule would be costly for cities, states
Economy

New bank rule would be costly for cities, states

Joseph Lawler -
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