“Government finance” on The Daily Caller

WASHINGTON (AP) — The struggle over tax cuts is seriously straining President Barack Obama’s relationship with House Democrats, who have backed him on key issues even when it cost them politically. (more)

CHICAGO (AP) — Rahm Emanuel, who left a powerful job with President Barack Obama at the White House to move back to Chicago and run for mayor, endured nearly 12 hours of questioning Tuesday from everyone from attorneys to a woman named Queen Sister — all intent on keeping his name off the ballot. (more)

WASHINGTON (AP) — Senators get their first chance Monday to vote on the tax-cut deal struck by President Barack Obama and Republicans, but whatever the outcome of the test vote, the White House expects the bill to pass by year’s end. (more)

WASHINGTON (AP) — President Barack Obama calls his tax-cut agreement with Republicans far from perfect but a good deal overall for Americans, while acknowledging that many fellow Democrats aren’t happy about what he negotiated with the GOP. (more)

WASHINGTON (AP) — The federal budget deficit rose to $150.4 billion last month, the largest November gap on record. And the government’s deficits are set to climb higher if Congress passes a tax-cut plan that’s estimated to cost $855 billion over two years. (more)

LONDON (AP) — Angry protesters in London have attacked a car containing Prince Charles, the heir to the British throne, and his wife Camilla, Duchess of Cornwall. (more)

WASHINGTON (AP) — The Senate Republican leader says it’s become clear now that taxes will not be raised for anyone during the current economic downturn. (more)

WASHINGTON (AP) — President Barack Obama has signed legislation that keeps the government running and averts a shutdown that could have happened this weekend. (more)

LOS ANGELES (AP) — The worst summer for home sales in decades also put a chill on foreclosure sales, even as the average discounts on the distressed properties got bigger compared with other types of homes. (more)

WASHINGTON (AP) — Nearly 50,000 prison inmates claimed more than $130 million in tax refunds this year without providing any wage information to the IRS, a government investigator says in a report to be released Thursday. (more)

DUBLIN (AP) — Ireland’s international bailout boosted its bank stocks Monday but outraged many hard-pressed taxpayers, who questioned why the government’s pension reserves must be ravaged as part of a deal that burdens the whole country with the mistakes of a rich elite. (more)

WASHINGTON (AP) — Once one of the most powerful members of Congress, veteran Rep. Charles Rangel of New York was reduced Monday to pleading with colleagues for more time to raise money for a lawyer before they took up misconduct charges against him. No, they said, and quickly began deliberations, saying the facts were so clear they didn’t need to call witnesses. (more)

WASHINGTON (AP) — The White House and Republican lawmakers set the terms for a looming tax debate Sunday, coalescing around a possible temporary extension of existing income tax rates that would protect middle class and wealthy Americans from sharp tax increases next year. (more)

OAKLAND, Calif. (AP) — Californians may have rejected legalizing recreational marijuana, but voters across the state are more than ready to reap revenue from the state’s largest cash crop. (more)

BRUSSELS (AP) — The European Union said Friday it wants to know if some of its funds were misused last year for an Elton John concert in Italy just as the financial crisis was forcing member nations into austerity. (more)

WASHINGTON (AP) — Fresh off the tea party’s show of election might, GOP Sen. Jim DeMint said Tuesday he’ll force a showdown next week with Senate Minority Leader Mitch McConnell and other old guard Republicans over “earmarked” pet projects that DeMint and other victors last week made a symbol of out-of-control deficit spending. (more)

BEIJING (AP) — China’s central bank chief said Friday that the Federal Reserve’s move to inject money into the U.S. economy is understandable because of its slow recovery but still might hurt the rest of the world. (more)

OLYMPIA, Wash. (AP) — Washington voters have rejected a state income tax on its top 1 percent of earners that supporters said would have raised billions for key education and health programs. (more)

CHICAGO (AP) — The major party candidates for Illinois governor repeatedly questioned each other’s honesty and competence Thursday in a debate dominated by angry exchanges. (more)

BRUSSELS (AP) — Britain, France and Germany said Thursday they oppose a hefty rise in the European Union’s 2011 budget, insisting that austerity in member countries should trigger moderation in EU outlays. (more)