Here are the main provisions of the healthcare overhaul passed by the House of Representatives: INSURANCE MARKET CHANGES * Creates an insurance market exchange where individuals and small businesses would purchase coverage. Sets minimum benefit packages that may be offered …
The leaders of the Independent Insurance Agents and Brokers of America (IIBA) are not pleased with the healthcare reform bill that was passed by the U.S. House of Representatives. The group is particularly opposed to the public option included in …
The U.S. House of Representatives narrowly endorsed Saturday the biggest healthcare overhaul in decades, giving President Barack Obama a crucial victory in a battle that now moves to the Senate. By a 220-215 vote, including the support of one Republican, …
U.S. companies of all sizes would get to apply losses in 2008 or 2009 to prior income over five years to receive tax refunds under a bill that passed the Senate by a unanimous vote Wednesday. The provision was added …
The U.S. pay czar said Monday that he will determine “in the near future” how he will use his power to claw back pay at companies that have taken bailout money but is not currently in negotiations to do so. …
The government should have the authority to break up or reconstruct financial firms before they become “too big to fail,” a prominent U.S. lawmaker said on Tuesday. The House Financial Services Committee is expected to start crafting legislation this week …
Republicans in the House plan to offer an alternative to Democrats’ massive healthcare reform bill that would not raise taxes or require people or businesses to buy health insurance, the House Republican leader said Sunday. House Democrats last week introduced …
U.S. tax authorities will start to audit 6,000 randomly selected companies to focus on employment tax issues ranging from executive compensation to fringe benefits, Internal Revenue Service officials said. The audits will begin in February 2010 and stretch across all …
U.S. securities investigators raised repeated concern over how Bernard Madoff could be running an honest business, but never followed through on the many red flags they uncovered. Hundreds of documents released last Friday by U.S. Securities and Exchange Commission’s portray …
U.S. safety regulators on Friday hit oil giant BP with a record $87.4- million fine for failing to fix safety violations at its Texas City, Texas, refinery after a deadly 2005 explosion. In announcing the fines, U.S. Labor Secretary Hilda …
