Politics News


Obama could curb corporate 'inversions' on his own: ex-U.S. official 12:25am EDT

WASHINGTON - President Barack Obama could act without congressional approval to limit a key incentive for U.S. corporations to move their tax domiciles abroad in so-called "inversion" deals, a former senior U.S. Treasury Department official said on Monday.

Recent Politics News


Kerry to woo Modi's India, but quick progress unlikely

WASHINGTON - U.S. Secretary of State John Kerry visits India this week as Washington tries to revitalize ties it sees as a counterbalance to China's rising power, but rapid progress is unlikely, despite the reformist reputation of India's new leader.

World, China 1:50am EDT

Destroy Hamas? Something worse would follow: Pentagon intel chief

ASPEN Colorado - A top Pentagon intelligence official warned on Saturday that the destruction of Hamas would only lead to something more dangerous taking its place, as he offered a grim portrait of a period of enduring regional conflict.

World, 26 Jul 2014

House panel set for Tuesday vote on Fed transparency bill

WASHINGTON - The House Financial Services Committee said on Friday that it will vote on a bill next week aimed at bringing more transparency to the Federal Reserve, including the controversial requirement of adopting a rules-based approach to its policy.

25 Jul 2014

U.S. House votes overwhelmingly for say on Obama's Iraq decisions

WASHINGTON - The U.S. House of Representatives voted overwhelmingly on Friday for a resolution that would bar President Barack Obama from sending U.S. troops for any "sustained combat role" in Iraq without congressional authorization.

Iraq 25 Jul 2014

Obama rails against corporate maneuver to evade U.S. taxes

LOS ANGELES - U.S. President Barack Obama on Thursday hammered U.S. companies that avoid federal taxes by shifting their tax domiciles overseas in deals known as "inversions" and called on Congress to pass a bill to curb the practice.