U.S. Debt Path ‘Unsustainable’ Thanks to Social Security, Health Care: CBO
The Congressional Budget Office predicts rising debt and growing budget deficits in the next 25 years.
Senate Finance Gears Up for Tax Reform Hearings
Upcoming committee hearings to look at education tax incentives, ID theft and taxpayer privacy.
Senate Finance Sets Thursday to Debate Tax Breaks
The Senate Finance Committee will mark up a bill Thursday on a set of tax breaks that have expired or will expire at year-end.
Senate Finance to ‘Move Quickly’ on Tax Extenders
Senate Finance Committee Chairman Ron Wyden, D-Ore., made special mention of the research and development tax credit.
Obama’s 2015 Budget Riles Up Retirement Industry
Industry officials are bristling over the proposal to limit retirement plan contributions.
Budget Bill Nears Senate Passage
The Senate advanced the measure over a filibuster threshold on a 67-33 vote, ensuring it will pass the chamber no later than Wednesday.
Senate Finance's Baucus Floats International Business Tax Reform Plan
Senate Finance Committee Chairman Max Baucus, D-Mont., released Tuesday the first in a series of discussion drafts on reforming the nation’s tax code.
Fiduciary Stumbling Blocks Surface
Several potential stumbling blocks have surfaced in the past couple of months that could stymie—or outright derail—release of fiduciary rules by the SEC and DOL.
Stark Statistics, Glimmers of Hope at DC Retirement Summit
The bad news: 4 out of 10 older Americans have no retirement savings. The good news: those with employer retirement plans are far more ready to retire. The challenge: getting Congress to act and lower-income savers to prepare.
DOL Fiduciary Redraft Has ‘Left the Station’
The confirmation of Assistant Attorney General Tom Perez as the new secretary for the Department of Labor on Thursday will not hinder the DOL’s release of its fiduciary reproposal, which the department says will come in October.