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Boustany: IRS Bank Regulation Could Hurt Economy

Posted by Doug Ragan

Demands Treasury Department Provide Cost-Benefit Analysis and Detail Administrative Burdens Before Acting Washington, DC – Today, Oversight Subcommittee Chairman Charles Boustany (R-LA) called on Treasury Secretary Timothy Geithner to suspend the proposed Internal Revenue Service (IRS) regulation that would require banks to disclose interest paid to nonresident aliens.  In a letter to Secretary Geithner, Boustany [...]

Will Stimulus Part Two Work?

Posted by Doug Ragan

Depends on how long you want it to work I guess. From the AP “Beginning in 2013, and certainly into 2014, the plan is a drag on the economy because the stimulus starts fading away,” he said. “So by 2015, the economy is in the same place as now, as if there were no jobs [...]