Rush to Defend Tax Rule on Inventory and Profits

The White House is seeking to redefine what is owed on goods sold, while lobbyists from companies of all sizes are swarming around Congress to kill the proposal.

Still ‘Far Apart’ on Debt, 2 Sides Will Seek Broader Cuts

G.O.P. leaders and President Obama emerged from talks with a consensus to aim for the biggest possible deal — one resulting in up to $4 trillion in savings.

Industry Set for Fight to Keep Corporate Jet Tax Breaks

Proposals to end the tax breaks for corporate jet ownership is less about dollars and cents than it is about political imagery and a bit of class warfare.

Obama Summons G.O.P. and Democratic Leaders for Deficit Reduction Talks

The president stepped up pressure on Congressional Republicans, pledging to put popular entitlement programs like Medicare on the table in return for acquiescence to some higher taxes.

2 Republicans Open Door to Increases in Revenue

Senators John Cornyn and John McCain said they were open to tax reform — but not increases — as part of a deal over the debt ceiling.

The Texas Tribune: School Districts Look at Increase in Tax Rates

School districts are looking at trying to raise local property tax rates to compensate for a decrease in state financing.

Critics of the Mayor’s Budget Put Forth Their Own Ideas

With five weeks until a deadline for passing a budget, City Council members, community activists and interest groups are offering alternatives to shuttering firehouses and laying off teachers.

Behind Grass-Roots School Advocacy, Bill Gates

Bill Gates’s foundation is financing bands of educators to pose alternatives to union orthodoxies on issues like the seniority system and the use of student test scores to evaluate teachers.

News Analysis: For States, a Glimmer of Hope on Deficits

State governments may not be out of the woods, but budget officials are breathing more easily.

Democrats’ Plan Would Offset Deficit by Ending Big Oil’s Tax Breaks

With high gas prices and federal deficits in the political spotlight, senior Democrats believe that Senate Republicans will support an idea they otherwise might not like.

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