Max Baucus

WASHINGTON – President Obama on Monday condemned the targeting of conservative groups by the Internal Revenue Service and vowed to punish anyone who may have taken part in it, as senators called for top IRS officials to resign and congressional...

By Jeff Mason and Thomas Ferraro WASHINGTON, May 13 (Reuters) - President Barack Obama sought on Monday to neutralize two crises that threatened his second term agenda, calling the apparent targeting of conservative groups by tax officials "outrageous"...

By Kim Dixon WASHINGTON, May 9 (Reuters) - The political goal is the same as it was in the mid-1980s - seed grass-roots support for an overhaul of the U.S. tax code - but the approach launched Thursday relies on email, not snail mail. The chairmen of...

By Linda Stern WASHINGTON, May 8 (Reuters) - Just when you may have thought that federal tax policy was set - that January's "fiscal cliff" deal meant you could go about your financial life with multi-year certainty - Washington is again talking of...

WASHINGTON -- A key House committee chairman said his panel would take a "more thoughtful" approach to legislation allowing states to force retailers to collect sales taxes on Internet purchases. His comments signaled that momentum from Monday's easy...

WASHINGTON — House Speaker John A. Boehner said he probably won't support legislation allowing states to require that larger retailers collect sales taxes on Internet purchases. And a key House committee chairman said his panel would take a...

By Kim Dixon WASHINGTON, May 6 (Reuters) - "Tax the other guy, not me!" was the main message from a variety of special interest groups commenting on tax breaks in a report issued on Monday, underscoring the problems faced by the U.S. Congress as it...

* Democrats worry as fall enrollment period draws near * Potential repercussions for Congress, Obama presidency * Frustration over lack of details on public outreach By David Morgan WASHINGTON, May 5 (Reuters) - Healthcare reform should be the...

WASHINGTON — President Obama sought to tamp down fears Tuesday that his landmark healthcare law would raise insurance costs and cause other disruptions, saying most Americans were already benefiting from it and others soon would. "Any time you'...

May 1 (Reuters) - Tax executives are growing less optimistic about the possibility of an overhaul of the U.S. tax code, according to a survey released on Wednesday by accounting firm Ernst & Young. Despite determined talk lately in Washington, just 35...

WASHINGTON -- It's never a good sign for a president when he feels compelled to assure the public he still has a pulse. This is the unenviable position President Obama was in Tuesday morning when he held a news conference in the White House briefing...

Since Mitt Romney lost to President Obama on Nov. 6, the conventional wisdom has been that the Republican Party is in trouble. The less conventional truth is that it is the Democrats whose chances may be more bleak. Yes, Republicans are currently...