Rumsfeld wants tax code reform in his lifetime, adding "there are not many years left.”
On The Money
The revisions will allow financial institutions five more years to comply with a provision of the Dodd-Frank Act.
Sen. Patty Murray said the update should serve as a wake-up call for Congress.
The RNC wants documents related to the IRS's targeting of political groups.
House Ways and Means Committee Chairman Dave Camp (R-Mich.) just won't quit trying to change the tax code, despite long odds of change this year.
Americans spend an estimated 2.6 billion hours to file their tax returns each year, and spend $33.6 billion to comply with the tax law, according to a new report.
Home builder confidence started to break out of the winter doldrums in April, ticking up a point.
Sentiment in the market for newly built, single-family homes rose to 47 in April from a downwardly revised reading of 46 in March, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released on Tuesday.
People in the U.S. are equally negative about where the economy is now, and where it's headed.
Consumer prices rose faster than expected in March, the Bureau of Labor Statistics reported Tuesday.