A congressional hearing into Apple Inc.’s use of offshore tax shelters called attention to how U.S. companies lower their taxes, and underscored the difficulty Congress confronts when trying to end the practice.
A House panel expressed concern that costs for the U.S. Navy’s newest aircraft carrier continue to increase, even as lawmakers accepted the service’s request for a $1.1 billion increase in a cost cap imposed by Congress.
It didn’t get a lot of attention. It happened the same day as hearings on the Benghazi attacks and the announcement of a verdict in the Jodi Arias trial. But House Majority Leader Eric Cantor took a modest step forward last week in his plan to broaden the Republican agenda beyond budget cuts.
Five years after Congress mandated that sales of ammonium nitrate, the chemical implicated in last month’s fatal Texas blast, be tracked, rules to do that haven’t been issued by the federal government.
The Senate Environment and Public Works Committee will investigate the deadly blast at a Texas fertilizer plant as its chairman presses regulators on chemical- safety laws that would apply to similar facilities.
As lawmakers pushed a bill to tighten U.S. security standards on chemical factories, fertilizer depots and water-treatment plants in 2009, they faced a formidable opponent: the U.S. business community.
With two schools near a plant storing ammonium nitrate -- the fertilizer used in the Oklahoma City bombing -- West, Texas, Superintendent Marty Crawford said he had always worried about an explosion like the one that happened last week.