Tag:

Jack Lew

Latest Headlines

Latest Headlines

2-year federal budget deal expected to pass

The House of Representatives could pass a budget deal as early as today that lays out a plan to fund the federal government, which is currently operating under a continuing resolution set to expire Dec. 11.

IRS budget increase would improve customer service, says Lew

Treasury Secretary Jack Lew defended a proposed increase in the Internal Revenue Service budget for fiscal 2015 over fiscal 2014, saying the tax agency needs the money to restore customer service operations. "The IRS funding situation is causing taxpayers to face longer wait times on the phone, and it is taking longer to respond to taxpayer correspondence," Lew told the House Appropriations financial services and general government subcommittee at an April 29 hearing.

IRS budget increase would improve customer service, says Lew

Treasury Secretary Jack Lew defended a proposed increase in the Internal Revenue Service budget for fiscal 2015 over fiscal 2014, saying the tax agency needs the money to restore customer service operations. "The IRS funding situation is causing taxpayers to face longer wait times on the phone, and it is taking longer to respond to taxpayer correspondence," Lew told the House Appropriations financial services and general government subcommittee at an April 29 hearing.

Treasury suspends some payments in fed retirement plans to pay government debt

With the debt limit having run out Feb. 7, Treasury Secretary Jack Lew said extraordinary measures – including suspending payments into some federal retirement plans – would need to be taken to pay the government's debts.

Treasury suspends some payments in fed retirement plans to pay government debt

With the debt limit having run out Feb. 7, Treasury Secretary Jack Lew said extraordinary measures – including suspending payments into some federal retirement plans – would need to be taken to pay the government's debts.

McConnell wants to use debt limit to leverage Keystone XL approval

Another debt limit showdown in February could be brewing as Senate Majority Leader Mitch McConnell (R-Ky.) said Sunday that Republicans would press the White House to approve the Keystone XL pipeline in exchange for a debt ceiling hike.

McConnell wants to use debt limit to leverage Keystone XL approval

Another debt limit showdown in February could be brewing as Senate Majority Leader Mitch McConnell (R-Ky.) said Sunday that Republicans would press the White House to approve the Keystone XL pipeline in exchange for a debt ceiling hike.

Congress nears deal on appropriations, debt limit set to hit ceiling next month

With Congress back in session after the winter break, legislators are nearing agreement on an omnibus appropriations bill for the budget passed in December, but still need to raise the debt limit before it hits its ceiling in February.

Congress nears deal on appropriations, debt limit set to hit ceiling next month

With Congress back in session after the winter break, legislators are nearing agreement on an omnibus appropriations bill for the budget passed in December, but still need to raise the debt limit before it hits its ceiling in February.

House Republicans push short-term debt limit bill

With the debt-limit looming, Democrat and Republican leadership turned their attention away from the government shutdown and toward averting a financial crisis. House Republican leadership Thursday pushed a clean short-term increase that would raise the debt ceiling, the Washington Post reports, and it could go to vote late Thursday.