Dozens of tax breaks would end in Republicans revamp plan
The top Republican tax-writer in Congress proposed restructuring the U.S. tax code to eliminate dozens of breaks to pay for reductions in the corporate and individual rates.
Richard Rubin
High-Income Earners Seek Strategies to Cut Year-End Bite: Taxes
The higher tax rates passed by Congress this year have some top U.S. earners seeking last- minute strategies to lower their tax bite as year-end calculations turn up unpleasant surprises.
Senate debt-limit deal emerging as deadline looms
Senate leaders are poised to reach an agreement as early as today to bring a halt to the fiscal standoff, and now must race the clock to sell the plan to lawmakers before U.S. borrowing authority runs out this week.
No quick resolution seen on government shutdown
Broker specializing in the market predicts widespread adverse impact.