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THE PRESIDENT: Good morning. Today I am signing emergency legislation to fund the Federal government for the next seven weeks. This legislation was necessary because Congress failed in its most basic responsibility: to pass the spending bills that f
WASHINGTON President Barack Obama met with the U.S. Congress top Republican, House of Representatives Speaker John Boehner on Sunday in search of a deficit-reduction package that would prevent substantial spending cuts and tax increases from going in
U.S. President Barack Obama and his political opponents in Congress are moving a bit closer to reaching a compromise over contentious year-end financial issues. No deal appears imminent, but officials say the leader of the Republican-controlled House
U.S. President Barack Obama says it is time the wealthiest Americans pay what he called their fair share in taxes. During his weekly address Saturday, Obama urged Congress to vote in favor of the so-called Buffet Rule in a few weeks. The plan, named
As the old saying goes: There are only two certianties in life - death and taxes. It's the latter that members of the OECD's Forum on Tax Administration have been meeting about. The group, which represents around 40-different countries and internatio