Recent News

The Senate aims to begin consideration next month of a bipartisan bill to revamp the U.S. patent system and reduce the likelihood of what critics see as excessive damage awards,Senate Majority Leader Harry Reid said on Wednesday. more»

Economists, businessmen, and politicians of every stripe have spent months talking themselves hoarse about how to get the roughly $2 trillion in corporate reserves back into the economy. more»

President Obama has reached out to the business community with talk of lowering the corporate tax rate and improving the tax treatment of profits earned abroad by American companies. more»

President Obama will roll out a $3.7 trillion budget blueprint Monday that would trim or terminate more than 200 federal programs next year and make key investments in education,transportation and research in a bid to boost the nation's economy and reduce record budget deficits. more»

U.S. Trade Representative Ron Kirk told the House Ways and Means Committee on Feb. 9 that the Obama administration is serious about progress on the South Korea, Panama, and Colombia free trade agreements. more»