No one in Congress hates wind power more than Sen. Lamar Alexander (R-TN), and the upcoming lame-duck session of Congress provides the Tennessee Republican his best chance ever to get rid of the wind industry’s biggest federal lifeline: the production tax credit. The credit’s fate will likely hinge mostly on...
The explosion in U.S. unconventional oil and gas drilling could create 3.5 million jobs, $2.5 trillion in tax revenues, and more than $5.1 trillion in capital expenditures by 2035, according to a study out today by the analysis firm IHS Global Insight. The study will add more fodder to a...
Uncertainty about the fiscal cliff, a tight budget, and turnover at the helm threaten to disrupt the Internal Revenue Service’s 2013 filing season, which could mean headaches for businesses and individual taxpayers. Whether or not—and when—Congress extends roughly 100 fiscal-cliff tax provisions will decide how the IRS readies forms, instructions,...
Sales of new single-family homes rose 5.7 percent last month to 389,000 in September, at the fastest pace since April 2010, according to the National Association of Home Builders, which tracks data from Housing and Urban Development and the Census Bureau.
Lawmakers and chiefs of staff keeping their staffs working late may want to consider this: 38% of staffers say they would leave the Hill for a job where they could better balance their work and personal lives according to a report released today from the Congressional Management Foundation and the...
About 61 million viewers watched it on cable and broadcast TV, down 9% from the first debate, according to Nielsen. At the end of it: 1. President Obama stopped the bleeding 2. Mitt Romney stayed in the game 3. Race remains competitive TAKEAWAYS (compiled from Politico) - Offense is the...
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