Government Policy and Law

U.S. Treasury Secretary Timothy Geithner said today that there is “no risk” the United States will lose its AAA credit rating, saying political prospects for long-term deficit reduction are improving, Reuters reported.

Geithner made the …

Iowa House Republicans voted yesterday to send Senate File 209 to Gov. Terry Branstad. The bill includes the Tax Relief Fund and additional tax relief in the form of bonus depreciation.

House Republicans say that …

The International Monetary Fund (IMF) criticized developing countries today for not responding strongly enough to the surge of hot money into their markets, saying the result could be a hard economic landing, Reuters reported.

The …

American banks should refinance their riskier investment banking operations and the United States should adopt more stringent banking regulations, the departing director of the Federal Deposit Insurance Corp. (FDIC) told the Financial Times.

“(For) the …

Standard & Poor’s put a “negative” outlook on the United States’ AAA credit rating, citing rising budget deficits and debt, Bloomberg reported.

“We believe there is a material risk that U.S. policy-makers might not reach …

Under the The Dodd–Frank Wall Street Reform and Consumer Protection Act, Lehman Bros. Holdings Inc. creditors would have recovered 97 cents on the dollar rather than the estimated 21 cents they have received since the …

Iowa Congressman Tom Latham said in a letter to friends and supporters that he intends to enter the 2012 race for the U.S. Congress in Iowa’s new 3rd Congressional District, which includes Dallas, Madison, Polk …

Business owners breathed a sigh of relief when the U.S. Senate followed the House of Representatives in voting to repeal a requirement concerning 1099 tax forms.

The Patient Protection and Affordable Care Act – the …

Think you’re done with your state income tax returns for another year? Think again.

Legislative changes to the state tax code could make it worthwhile for some taxpayers to file amended returns, according to the …

Treasury Secretary Timothy Geithner said financial markets have “confidence” in U.S. government finances as politicians seek to narrow the budget deficit, Bloomberg reported.

There is “a lot of confidence in markets that the American political …