Top IRS Official to Invoke Fifth, Issa Subpoenas

By Shane Goldmacher

4:10 p.m.

Immigration Bill's Last Hurdle Tonight -- Gay Rights

By Rebecca Kaplan

Judiciary Chairman Patrick Leahy will still not say whether he plans to put forward an amendment tonight that would extend the bill’s immigration provisions to gay couples. Read more »

4:06 p.m.

Top IRS Official to Invoke Fifth, Issa Subpoenas

By Shane Goldmacher

Lois Lerner, the IRS official who headed the tax-exempt division when the targeting of tea-party groups took place, plans to invoke her Fifth Amendment right to refuse to answer questions before Congress on Wednesday. Read more »

3:33 p.m.

How, Exactly, Did Apple Shelter $44B From Being Taxed?

By Niraj Chokshi

It's simple: Funnel your foreign profits through an umbrella company in a low-tax country. Read more »

1:34 p.m.

The U.S. Wants to Inspect Your Catfish, Twice

By Niraj Chokshi

The farm bill has a reputation, and it’s not a good one. Read more »

11:38 a.m.

Hatch, Schumer Reach Deal on High-Skilled Workers in Immigration Bill

By Rebecca Kaplan and Fawn Johnson

Sens. Chuck Schumer, D-N.Y., and Orrin Hatch have reached a deal on visas for high-skilled workers that should ensure the Utah Republican's vote for the immigration bill in committee. Read more »

7:00 a.m.

How Much Does Debt-Limit Brinksmanship Cost? Last Time, More Than $1B

By Niraj Chokshi

Here’s how the last debt-ceiling saga played out. Read more »

May 20, 2013

Top White House Aides Informed of IRS Troubles, but Didn't Tell Obama

By Shane Goldmacher

Top White House aides, including chief of staff Denis McDonough, were informed of the forthcoming report on the IRS' targeting of tea party group but decided not to inform President Obama in advance, White House spokesman Jay Carney said Monday. Read more »

May 20, 2013

IRS Scandal: The 8 Names to Know This Week

By Shane Goldmacher

The controversy surrounding the IRS’s targeting of tea-party groups will consume Capitol Hill for a second straight week. These are the key names to know to keep up with the fast-moving scandal, with hearings set Tuesday in the Senate and Wednesday in the House. Read more »

May 20, 2013

Ready to Testify on Financial Stability, Lew Is Likely To Be Grilled on IRS Scandal

By Catherine Hollander

The poor Financial Stability Oversight Council. It's likely this will be the second year in a row where testimony on the council's annual report turns into a grill-a-thon on the scandal du jour. Read more »

May 19, 2013

Bipartisanship on Water Projects in Senate Spurred by Freedom to Fish Act

By Amy Harder

The senior energy aide to Mitch McConnell, the Senate Republican leader from the coal state of Kentucky, was praised last week by one of the Senate’s top environmentalists, Environment and Public Works Chairwoman Barbara Boxer, D-Calif. The compliment seems unusual amid the hyper-partisanship that’s now the norm in Washington, but when put into context it makes sense. Read more »

May 19, 2013

S&P Warns Congress of Risks of Political Brinkmanship on Debt

By Stacy Kaper

The group's top analyst for the U.S. government's credit rating says making big fiscal decisions in a crisis setting raises chances of another downgrade. Read more »

May 17, 2013

Are Recessions Good for Your Health?

By Niraj Chokshi

With the recovery underway, things are starting to look up. Consumer confidence rose to a six-year high on Friday, the housing sector is improving, the economic gears are turning. But there may also be a less-welcome rebound: fatalities could rise. Read more »

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