Treasury has issued proposed regulations that would make significant changes to the estate tax and make it harder for family-owned businesses to transition to the next generation.
Tag Archive: Treasury Secretary Jack Lew
Last night, the House voted to extend the debit limit of $17.2 trillion--which expired on Feb. 7--through March 2015 with the Senate eyeing a vote today to finalize the bill prior to the upcoming President's Day recess.
Lawmakers are debating an increase to the debt ceiling, which faces a Feb. 28 deadline, with Democrats calling for a clean bill and Republicans urging the inclusion of possible language on the Keystone XL Pipeline.
Once again, the U.S. government could run out of borrowing authority needed to help pay its bills as soon as...