CONGRESS

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Congress inaction risks 2013 tax disaster: IRS chief

The commissioner of the U.S. tax-collecting Internal Revenue Service warned on Thursday of a real disaster for taxpayers next year should Congress miss a December 31 deadline to decide on billions in major tax provisions.

Obama signs insider trading bill, wants more curbs on Congress

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President Barack Obama called on Wednesday for stricter controls on lawmakers to confront the corrosive influence of money in Washington as he signed into law an insider trading ban he said was needed to help restore trust in the U.S. government.
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MF Global execs ignorance, silence stymie Congress

An MF Global executive who has become a central figure in the desperate shifting of funds before the brokerage's collapse, refused to answer questions from Congress on Wednesday, frustrating lawmakers probing why an estimated $1.6 billion of customer money is missing.
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George Clooney Testifies To Congress: War Crimes In Sudan [GRAPHIC VIDEO]

Oscar-nominated actor George Clooney testified before Congress on Wednesday about a humanitarian crisis taking place along the border of Sudan and South Sudan, where residents have been forced to seek refuge in the Nuba Mountains for fear of being killed by constant aerial bombing. Clooney returned from an eight-day trip in the area on Tuesday.
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NASA, Congress Trade Barbs In Space Exploration Budget Debate

Over the past week, NASA officials have had to fight Congress tooth-and-nail over the Obama administration's 2013 budget request, which gives the space agency $17.7 billion in funding, a $59 million drop from 2012. The funding reduction has slowed progress on both of NASA's two latest programs.
Big 4 Auditors

Big 4 Auditors Spent More Than Ever On U.S. Lobbying

The world's largest accounting and auditing firms, known as the Big Four, have been pumping more money than ever before into U.S. lobbying and political campaigns as they confront new challenges from their regulator and Congress.
Sonia Gandhi and Rahul Gandhi

UP Exit Polls Reflect a Blow for Congress

Rahul Gandhi failed to deliver the election comeback he had promised for the Congress party in the politically crucial state of Uttar Pradesh, according to voter surveys released after the phased, month-long poll ended Saturday.
Mobile World Congress

Mobile World Congress: A Sneak Peek (or What to Expect)

Barcelona, a city famous for its champion football club, is now drawing attention for something else - hosting the MWC (Mobile World Congress), which will kick off on Feb. 27 and run through March 1. Yes, MWC is round the corner and mobile device manufacturers are all packing for a trip to Spain.
Lumia 900

MWC 2012: What’s in Store?

The Mobile World Congress (MWC) will kick off in Barcelona Sunday and the fans would finally have the list of the best 2012 wireless devices in hand.
Barack Obama

Congress Extends Payroll-Tax Cut, Sends Bill to Obama

Congress passed legislation on Friday that extends a tax cut for 160 million workers through December. The new law continues long-term jobless benefits, handing President Barack Obama a major victory in a year in which his re-election is at stake.

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