April 7th, 2021
On Monday, new U.S. Treasury Secretary Janet Yellen spoke in front of the Chicago Council on Global Affairs. Amidst ongoing discussions in the U.S. about a proposed $2 trillion economic plan, as well as discussions on financial responses to the pandemic and the Biden administration’s proposed economic and investment policies, Yellen revealed that the U.S. is
May 6th, 2014
November 20th, 2013
The budget conference committee, which is currently charged with negotiating a compromise on the U.S. federal budget, has met publicly for a second time last week. The committee must deliver a report to Congress by December 15 and, to avert another shutdown, Congress must extend government funding by January 15.
Leaders in the budget committee leaders have said they “won’t waste time debating the areas where they already know there’s no agreement, but will focus on where deals can be cut.” Some Senate Democrats believe those compromises could lie in tax expenditures—including by eliminating “egregious” loopholes that wealthy individuals and...
March 22nd, 2013
WASHINGTON – Members of the Financial and Corporate Transparency (FACT) Coalition support three amendments that take aim at abuse of corporate offshore tax havens that have been offered in the Senate Budget Resolution debate.