TAXPAYER compliance, TAX collection, TAX penalties, LAW & legislation, and TAX enforcement
The article focuses on tax-compliance law, Foreign Account Tax Compliance Act (FATCA), passed by the U.S. Congress in 2010, designed to stop Americans stashing money abroad to evade tax. Topics discussed include criticism on FATCA, lawsuit filed by the Association of Accidental Americans against FATCA, and background of the Common Reporting Standard (CRS).
EXPORT controls, ECONOMIC security, UNITED States, and NATIONAL security -- United States
The article explores the move by the U.S. Congress to introduce proposals for a series of export controls on products important to U.S. national and economic security. Senator Marco Rubio of Florida regarded China as the most comprehensive threat to the U.S. The issue has caused division between the Republican Party and the Democratic Party.
CENTRAL banking industry, FEDERAL Reserve monetary policy, MONETARY policy, INTERNATIONAL trade disputes, CONGRESSES, and UNITED States
The article discusses the highlights of the 2019 annual meeting of central bankers and economists held at Jackson Hole, a mountain resort in Wyoming. Jerome Powell, chairman of the U.S. Federal Reserve, delivered the opening remarks. The conference's participants were skeptic about whether monetary policy could entirely offset the effects of the trade war between the U.S. and China.
WAR -- Law & legislation, YEMENI Civil War, 2015-, and EXECUTIVE power -- United States
The article comments on the failure of the U.S. Congress to stop wars launched by the president. In 2019, President Donald Trump has decided to veto a bill that might have forced him to end the country's support for the war against the Houthi militia in Yemen. Most presidents claimed that the War Powers Resolution's demands infringed their executive powers.
DRUG prices, RECYCLED products, GOVERNMENTAL investigations, DRUG development, GENERIC drugs, and UNITED States
The article reports on the U.S. Congress investigation concerning the cost of medicines. Topics discussed include reason drug repurposing is cheaper compared to developing new drugs for non-lucrative ailments, how governments support drug development, and generic medicines that governments have failed to take advantage of.
ELECTIONS -- United States, UNITED States -- Politics & government -- 2017-, and POLITICAL change
The article analyzes the political implications of the Democratic Party's victory in the U.S. House of Representatives in the 2018 mid-term election. The victory of Democrats is expected to extend the political division as they end the Republican Party's domination. The impact of the House's leadership change on the way the federal government operates is discussed, particularly on the legislative agenda of President Donald Trump.
LEGISLATIVE oversight -- United States, PRESIDENTS of the United States, and PARTISANSHIP
The article analyzes the impact of U.S. President Donald Trump's war on oversight on the relationship between Congress and the presidency. The war on congressional oversight has been attributed to partisanship resulted from the rising tension between the Democratic Party and the Republican Party. The failure of Trump to comply with the oversight power of Congress is discussed.
The article reports on the U.S. Congress investigation concerning the cost of medicines, headed by Senator Chuck Grassley. Topics discussed include increase in the price of insulin, international pricing index unveiled by the administration of President Donald Trump, and why drug companies pointed to pharmacy-benefit managers (PBMS) as the reason for higher list prices.
IMPEACHMENT of presidents, DEMOCRATS, CONTEMPT of legislative bodies -- United States, and UNITED States legislators
The article deals with the launch of an impeachment inquiry against U.S. President Donald Trump in 2019. It assesses some options for the U.S. Congress for dealing with the Trump administration's unwillingness to cooperate with the proceedings. The plan of some Democrats to revive the legislative body's powers of inherent contempt is discussed, as well as the expectation that Republicans in the Senate will defend Trump.
INTERNATIONAL relations, CONGRESSES, FORUMS (Discussion & debate), CHINA -- Foreign relations -- 21st century, BRITISH withdrawal from the European Union, 2016-, and FOREIGN relations of the United States -- 2017-
The article presents the highlights of the 2019 Stockholm China Forum hosted by Sweden's foreign ministry and the German Marshall Fund. The forum was attended by politicians, officials, ambassadors, business bosses, scholars and journalists. They discussed topics such as the global rise of China, Great Britain's exit from the European Union and the foreign policy of President Donald Trump.
The article comments on the implications of the decision of Paul Ryan, the Speaker of the U.S. House of Representatives, not to seek re-election in November 2018. Ryan is regarded as the future of the Republican Party once before the party left him. The reputation of Ryan as a champion of compassionate conservatism is recognized. Also discussed is the difference between the Republican politics of Ryan and President Donald Trump.
DEBT limit (Government), TAX reform, FINANCING of disaster relief, and HURRICANE Harvey, 2017
The article discusses the political impacts of the actions of government body U.S. Congress in the month of September 2017 with regard to the disaster relief for Hurricane Harvey and also discusses its impact on U.S. president Donald Trump's presidency. Topics discussed include the federal funding to occur on September 30, 2017, requirement for the Congress to increase the debt ceiling and Trump's pursuing the Congress to consider tax reform.
LEADERSHIP, UNITED States. Congress, AFRICAN American politicians, and UNITED States -- Politics & government -- 2017-
The author offers insights on the leadership and possible appointment of U.S. Congressman Hakeem Jeffries as the first African American Speaker of the U.S. House of Representatives. Topics discussed include the reputation earned by Jeffries within the Democratic Party, his support for charter schools and universal health care, and the possible contribution of his ethnicity to his political views.
PRESIDENTIAL candidates and UNITED States presidential election, 2020
The reports on Democrats running for president in the 2020 elections, their proposals to transform the U.S. and their need for a working Senate majority to get more ambitious schemes through. Topics discussed include top-tier candidates who are opting to be second- or third-tier presidential candidates including Beto O'Rourke and Steve Bullock and the importance of policy differences over foreign affairs and trade.