Democrats in the U.S. Senate set up a clash with House Republicans that could lead to a partial shutdown of the federal government in the coming week, approving a spending bill Friday that includes funding for President Barack Obama’s health care overhaul — a ...

To the chagrin of many in his own party, President Barack Obama has almost always been willing to negotiate — on taxes, on spending, even on the social safety net. But in the current fights over a potential government shutdown and the debt limit, ...

The Republican Party’s right wing on Thursday blocked a strategy by House Speaker John Boehner for navigating a series of deadlines to keep the government funded and avoid a first-ever U.S. debt default. Boehner and his leadership team revealed the first step of that ...

The government should increase taxes on wealthy families rather than exclude their children from the high school tuition exemption and support system.

Switzerland is racing to end a bitter dispute with Washington over Swiss bank accounts held by U.S. tax dodgers, but observers warn the newfound peace could come at a high cost. The lower house of the Swiss parliament voted Monday in favor of a ...

The Obama administration and a group of Republican senators on Thursday abandoned efforts to hammer out a budget deal and avoid a showdown over the national debt, saying they had failed to resolve their long-standing dispute over taxes. “It’s very evident that there just ...

The U.S. Treasury on Thursday recognized gay marriage under tax laws, giving the same tax benefits to legally married same-sex couples that heterosexual couples enjoy. The landmark ruling applies to all lawfully married same-sex couples in the country, even if they live in states ...