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The rule would limit businesses' ability to shift taxable income out of the U.S. through the strategic issuance of debt. (AP Photo/J. David Ake, File)
Economy

CBO: Corporate inversions cost US $12 billion

Joseph Lawler -
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Conservatives give Trump a pass on the debt ceiling, but next time it could get ugly
Economy

Conservatives give Trump a pass on the debt ceiling, but next time it could get ugly

Joseph Lawler -
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The increase in the cost-of-living allowance for Social Security benefits next year is likely to be about 2 percent. (AP Photo/Matt Rourke)
Economy

Retirees on tap for biggest increase in Social Security benefits since 2011

Joseph Lawler -
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A total of 39 senators and representatives wrote to DeVos Thursday asking for an explanation of the decision, and who the agency may have worked with before reaching it. (AP Photo/Nati Harnik)
Economy

Democrats demand answers from Betsy DeVos on student loan decision

Joseph Lawler -
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Economy

House conservatives want to know tax reform won’t end up like healthcare

Joseph Lawler -
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Economy

Steven Mnuchin: Government plane for honeymoon was considered for national security

Joseph Lawler -
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House Ways and Means Chairman Rep. Kevin Brady, R-Texas, said the tax reform plan won't include specifics on matters such as tax rates or which tax breaks they will seek to eliminate. (AP Photo/J. Scott Applewhite)
Economy

Mnuchin promises details on tax plan this month

Joseph Lawler -
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After spiking the week after Hurricane Harvey hit, forecasters had expected the number to drift further up to above 300,000. (AP Photo/Marcio Jose Sanchez)
Economy

Two-and-a-half year jobless claims streak intact despite Hurricane Harvey

Joseph Lawler -
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Multinational corporations with profits held overseas would face a mandatory one-time tax as part of the planned Republican tax legislation, Treasury Secretary Steven Mnuchin said Wednesday. (AP Photo/J. Scott Applewhite)
Economy

Multinationals would face mandatory tax on offshore profits, Steven Mnuchin says

Joseph Lawler -
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Texas Sen. Ted Cruz, who often represents the right flank of the Senate's Republican caucus, entered the budding tax reform debate Wednesday by issuing a call for a net tax cut and for allowing businesses to immediately write off the costs of all new investments. (AP Photo/Pablo Martinez Monsivais)
Business

Ted Cruz wades into tax debate calling for hard right tax bill

Joseph Lawler -
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