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Rich Edson Archive

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  • Senate Subcommittee Accuses Apple of Tax Gimmicks

    Published May 20, 2013

    Apple avoids billions in U.S. taxes through creative, unique tax structures, according to a report released by the Senate Permanent Subcommittee on Investigation.

  • Can D.C. Really Reform the Tax Code?

    Published April 11, 2013

    Exclusive: Despite skepticism Washington can overhaul the tax code, one top GOP lawmaker is pushing forward to write a new federal tax system. 

  • On the Ground: Cypriots Gather for Parade...But Not Celebrating Bailout

    Published March 25, 2013

    On the day they learned the European Union and International Monetary Fund would bail out their banks, Cypriots gathered for a parade through their capital city, Nicosia…but it has nothing to do with a bailout.

  • Exclusive: McConnell Says Debt Ceiling Hangs on Entitlement Reform

    Published March 21, 2013

    After narrowly averting next week's government shutdown, congressional leaders were already staking out positions on what is most likely to be this year's most contentious fight in Washington.

  • Senate Report: JPM CIO Unit Misled Investors

    Published March 14, 2013

    The Senate Permanent Subcommittee on Investigations, in a report Thursday, said last year JP Morgan Chase manipulated derivatives values to hide losses and misinformed investors.

  • GOP Budget Envisions Surplus in 10 Years

    Published March 12, 2013

    Rep. Paul Ryan unveiled his budget that cuts more than $4.6 trillion in spending over the next decade, resulting in a $7-billion surplus in 2023.

  • No Debt Deal? Who Cares?

    Published January 30, 2013

    Despite the lack of a sizable deficit-reduction deal, equities continue their climb to record highs, and government borrowing costs hover near historic lows.  

  • House GOP Mulls Short-Term Debt Ceiling Hike

    Published January 17, 2013

    House Republicans are considering a short-term debt ceiling increase with modest spending cuts as their first move in the next round of government spending and budget negotiations. 

  • House to Vote on 'Plan B' for Fiscal Cliff on Thursday

    Published December 18, 2012

    Fiscal Tug o' War: The House of Representatives will consider two tax amendments on Thursday -- one that would permanently extend tax rates on annual incomes of less than $1 million and another that would extend current tax rates on annual incomes of less than $250,000.

  • Rep. Hensarling: Fed Needs Tighter Rules

    Published December 11, 2012

    The head of the House Financial Services Committee told FOX Business that lawmakers need to examine new rules for the Fed and that there is a role for big banks in the economy.