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Obama presses to close corporate tax loophole 'inversions' 6:04am EDT

LOS ANGELES - U.S. President Barack Obama will call on Thursday for an end to a corporate loophole that allows companies to avoid federal taxes by shifting their tax domiciles overseas in deals known as "inversions," White House officials said.

Recent Politics News

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U.S. Republican lawmakers seek greater say on Iran nuclear deal

WASHINGTON - U.S. Republican lawmakers introduced legislation on Wednesday that would force President Barack Obama to submit quickly to Congress any comprehensive nuclear agreement with Iran and give lawmakers the chance to reject the deal and reimpose sanctions.

23 Jul 2014
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Wisconsin governor race remains in a dead heat despite probe -poll

MILWAUKEE - Wisconsin Governor Scott Walker, who is seeking re-election in November, has not seen any significant drop in his support since the release of documents on a probe into possible illegal campaign financing, a poll showed on Wednesday.

U.S. 23 Jul 2014

Democratic U.S. Senator from Montana may have lifted parts of thesis: report

- U.S. Senator John Walsh of Montana may have lifted at least a quarter of his master's thesis from works by other authors, the New York Times reported on Wednesday in an examination of the 14-page paper the Democrat submitted to obtain his degree in 2007.

23 Jul 2014
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U.S. Senate panel unanimously approves Veterans Affairs nominee

WASHINGTON - Bob McDonald, President Barack Obama's choice to run the Veterans Affairs Department, looked set for an easy Senate confirmation after the Senate Veterans Affairs Committee unanimously approved his nomination on Wednesday.

23 Jul 2014
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Sarah Palin cited for speeding in Alaska

JUNEAU Alaska - Former Alaska Governor Sarah Palin, the 2008 Republican nominee for vice president, was issued a speeding citation in her hometown of Wasilla, court records showed on Wednesday.

People, 23 Jul 2014