Tag: Government finance
From vaccine sharing to climate, G-7 talks yield agreements
FALMOUTH, England — The Group of Seven wealthy democracies have wrapped up their first face-to-face summit in two years at a seaside resort in...
Biden sells G-7 on global tax, but U.S. Congress is a hurdle
President Joe Biden might have persuaded some of the world's largest economies to hike taxes on corporations, but the U.S. Congress could be a...
EXPLAINER: Curbing tax avoidance by multinational companies
FRANKFURT, Germany — How can governments keep multinational companies from avoiding taxes by shifting profits to subsidiaries in low-tax countries?
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Biden to return diverted border wall money, spend down rest
WASHINGTON — Former President Donald Trump’s signature border wall project would lose much of its funding as well as the fast-track status that enabled...
Biden sells G-7 on global tax, but U.S. Congress is a hurdle
President Joe Biden might have persuaded some of the world's largest economies to hike taxes on corporations, but the U.S. Congress could be a...
Harris to tout child care funding and payments to families
Vice President Kamala Harris will highlight the Biden administration's efforts to expand child care and relieve the financial pressures of parenthood during a visit...
Senators eye $579B in new infrastructure spending, $1T plan
WASHINGTON — A bipartisan group of senators is eyeing an infrastructure deal with $579 billion in new spending as negotiators try to strike...
Homicides are up, but GOP misleads with claims about blame
WASHINGTON — “SKYROCKETING MURDER RATES,” claimed the National Fraternal Order of Police. “An explosion of violent crime," said Senate Minority Leader Mitch McConnell. “Democrat-run...
US budget deficit for current year hits record $2.1 trillion
WASHINGTON — The U.S. budget deficit hit a record $2.06 trillion through the first eight months of this budget year as coronavirus relief programs...
Leak of billionaires’ tax data draws GOP outcry over privacy
WASHINGTON — Republicans in Congress are alarmed by the leak of confidential IRS data to the investigative news organization ProPublica, enabling it to reveal...