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Government Policy and Law

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IRS extends deadline for health-care cost reporting

The Internal Revenue Service said Tuesday that it will give smaller employers even more time to comply with a health-care reform law requirement that businesses report the cost of coverage on employees’ W-2 wage and …

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Branstad continues ‘Jobs for Iowa’ tour

Gov. Terry Branstad and Lt. Gov. Kim Reynolds announced Tuesday they will continue with their “Jobs for Iowa” tour of town hall meetings.

On Friday, Branstad and Reynolds will travel to Marshalltown, Iowa Falls, Webster …

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Budget debate continues at national level

President Barack Obama’s Democrats Monday offered to cut another $20 billion from the U.S. budget in an attempt to reach a deal with congressional Republicans that would avert a government shutdown, Reuters reported.

The latest …

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Former bank officer sentenced

Brian Williams, former senior lender for Ankeny-based Community State Bank, was sentenced March 25 to 24 months in prison for his role in a bank fraud conspiracy, U.S. Attorney Nicholas Klinefeldt said in a news …

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HUD funds intended to promote financial literacy

A total of $1,034,954 from the U.S. Department of Housing and Urban Development (HUD) will benefit a number of Iowa agencies focused on helping families to increase their earning potential and reduce or eliminate their …

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Report: Iowa research tax credit ineffective

Iowa’s Research Activities Tax Credit is one of the most ineffective state-economic development tax subsidies for big business, according to a new national report by Good Jobs First, a national policy resource center for grassroots …

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Flood center develops mapping software

The Iowa Flood Center (IFC) at the University of Iowa has developed a flood-prediction tool with the goal of helping Des Moines residents better understand flood risks and anticipate the impact of future projected floods. …

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Britain cuts growth forecast

Britain cut its economic growth forecast today and said inflation would remain above target this year and next in a budget that stuck to ambitious deficit-busting goals, Reuters reported.

George Osborne, the country’s finance minister, …

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The economy is on the right track, Fed officials say

Two top Federal Reserve officials said Tuesday that the U.S. recovery is gaining traction, Reuters reported.

Cleveland Fed President Sandra Pianalto said she expects the recovery to continue at a moderate pace, with rising commodity …

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Presidential hopefuls gearing up to spend

Want to run for president? Get ready to spend.

President Barack Obama raised $59 million for his presidential campaign during the first half of 2007. To match that, prospective Republican challengers to his re-election would …