| Apr 13, 2014
| 5:00 AM
WASHINGTON — Renewal of important expired federal tax benefits for homeowners took a major step forward recently, but the route to final congressional approval is beginning to look longer — and potentially bumpier — than previously...
| Apr 15, 2014
| 6:17 PM
With lawmakers showing little enthusiasm for an ambitious proposal by House Ways and Means Committee Chairman Dave Camp (R-Mich.) to overhaul the byzantine U.S. tax code, Congress has to decide what to do about dozens of temporary tax breaks that...
| Nov 27, 2013
| 9:25 AM
WASHINGTON — In a long-anticipated move to restrict the flood of secret money in campaigns, the IRS for the first time proposed rules to rein in the political activities of tax-exempt groups that have emerged as heavyweight players in American...
| Sep 26, 2013
| 6:49 PM
WASHINGTON — The Obama administration, facing glitches in necessary computer systems, is delaying two online tools supposed to go live Tuesday for enrolling Americans in insurance under the president's health law.
California is unaffected by the...
| Dec 13, 2013
The budget agreement reached by the House and Senate this week is a small step forward in restoring some sanity and order to the process. By putting in place a bipartisan plan for the next two years, the agreement represents a much-needed improvement over...
| Oct 24, 2013
The feeling inside the GOP these days can be summed up in a paraphrase of a line by an old French Marxist: "Hell is other Republicans."
After a government shutdown that was foreseen as a failure even by many of those who haplessly provoked it, the party...
| Mar 16, 2014
| 5:00 AM
How's the U.S. economy doing?
If you're rich, the answer is "fabulously."
Here are some data points from Diane Swonk, chief economist for Mesirow Financial in Chicago. "Spending at luxury retailers has come back," she told the Senate Finance Committee...
| Oct 10, 2013
| 8:03 AM
WASHINGTON -- Treasury Secretary Jacob J. Lew on Thursday would not commit to paying interest on government bonds if the debt limit is not raised, saying it would be extremely difficult to choose which bills to pay if there is not enough money.
| Oct 10, 2013
| 6:34 AM
Appearing before lawmakers a week before the deadline to raise the debt limit, Treasury Secretary Jacob J. Lew on Thursday warned that the uncertainty caused by the fiscal stalemate was stressing financial markets and could "deeply damage" the economic...
| Jan 14, 2014
Amidst all the bluster in the Tribune’s Jan. 5 editorial on wind energy, the editorial board missed several key facts (“Let the wind subsidy blow away”).
The editorial’s assertions about the cost and reliability of wind power and...
| Feb 6, 2014
| 5:49 PM
WASHINGTON — In a rare bipartisan agreement, congressional leaders have settled on a plan to fix Medicare's system for paying physicians, potentially ending years of uncertainty that often held up fees for doctors who care for the nation's senior...
| Mar 6, 2014
| 4:41 PM
WASHINGTON – The Senate confirmed Gil Kerlikowske on Thursday to be the head of U.S. Customs and Border Protection, allowing the White House "drug czar" to take on his new post overseeing the Border Patrol.
Kerlikowske came to the White House as...