Oil companies, manufacturers, advertisers and real estate investors warned that a proposal from Senate Finance Chairman Max Baucus to slow down deductions for capital assets could raise the cost of investment.
Senate Majority Leader Harry Reid may move ahead with changing rules on nominations as soon as today in response to Republicans’ blocking three of President Barack Obama’s choices for a federal appeals court.
Senate Majority Leader Harry Reid said he’s weighing a change to the chamber’s rules on handling nominations after Republicans blocked three of President Barack Obama’s choices for a federal appeals court in the past month.
The Obama administration is on the defensive days before Iran nuclear negotiations are scheduled to resume in Geneva, as critics in Israel and in the U.S. Congress say Iran would concede too little and gain too much from an easing of international economic sanctions.
President Barack Obama received support from the chairman of the U.S. Senate intelligence committee in his efforts to dissuade lawmakers from imposing further sanctions on Iran amid international negotiations.
The Pentagon won’t buy more Mi-17 helicopters from Rosoboronexport, Russia’s state-run arms trader, after completing a $572 million contract signed in June, a Defense Department spokeswoman said yesterday.
The Pentagon won’t buy more Mi-17 helicopters from Rosoboronexport, Russia’s state-owned export company, after completing a $572 million contract signed in June, according to a Defense Department spokeswoman.
For the second time in two weeks, U.S. Senate Republicans blocked one of President Barack Obama’s nominees for a federal appeals court considered the nation’s second-highest because of its influence over government regulations.
U.S. lawmakers are headed for a new showdown over President Barack Obama’s judicial nominations, as Senate Democratic leaders began a push to fill vacancies on a court that referees some of the nation’s biggest business cases.
A battle for control of the Republican Party has erupted as an emboldened Tea Party moved to oust senators who voted to reopen the government while business groups mobilized to defeat allies of the small-government movement.