U.S. Treasury http://www.kunc.org en Why More Americans Are Renouncing U.S. Citizenship http://www.kunc.org/post/why-more-americans-are-renoucing-us-citizenship A few times a year, the Treasury Department publishes a long list of names announcing all of the Americans who have lately abandoned their U.S. citizenship.<p>According to the legal website <a href="http://intltax.typepad.com/intltax_blog/2014/02/2013-expatriations-increase-by-___.html" target="_blank">International Tax Blog</a>, the number hovered around 500 a decade ago. Last year, it hit a record high of nearly 3,000.<p>This was not a gradual change. It was a sudden spike. Thu, 20 Feb 2014 12:57:00 +0000 Ari Shapiro 54181 at http://www.kunc.org Why More Americans Are Renouncing U.S. Citizenship Treasury: New Debt Ceiling Fight Could Derail Economy http://www.kunc.org/post/treasury-new-debt-ceiling-fight-could-derail-economy The Treasury Department is issuing a warning of dire economic consequences that could rival the Great Recession if Congress is unable to agree on raising the debt ceiling and the nation defaults on its obligations.<p>Treasury's report, "The Potential Macroeconomic Effect of Debt Ceiling Brinkmanship," comes as Congress is still wrangling over a short-term spending bill to reverse <a href="http://www.npr.org/blogs/thetwo-way/2013/10/03/228747934/on-day-3-of-shutdown-its-deja-vu-all-over-again">a partial government shutdown that went into effect Tuesday</a>. Thu, 03 Oct 2013 15:28:00 +0000 Scott Neuman 50352 at http://www.kunc.org Treasury: New Debt Ceiling Fight Could Derail Economy IRS Will Recognize All Legal Same-Sex Marriages http://www.kunc.org/post/irs-will-recognize-all-legal-same-sex-marriages The U.S. Thu, 29 Aug 2013 18:52:00 +0000 48978 at http://www.kunc.org Treasury Secretary: Congress Must End Uncertainty On Debt http://www.kunc.org/post/treasury-secretary-congress-must-end-uncertainty-debt Treasury Secretary Jack Lew says the debt ceiling needs to be raised, but without another economically damaging partisan fight.<p>In a series of interviews on the Sunday morning political talk shows, Lew said Congress needs to lift the "cloud of uncertainty" over the nation's finances and raise the limit before it fully expires on Sept. 30.<p>"The fight over the debt limit in 2011 hurt the economy, even though, in the end, we saw an extension of the debt limit," the secretary said on NBC's <em>Meet The Press</em>.<p>"We saw confidence fall, and it hurt the economy. Sun, 28 Jul 2013 17:36:00 +0000 Scott Neuman 47639 at http://www.kunc.org Treasury Secretary: Congress Must End Uncertainty On Debt Delay For Insurance Mandate Pleases Businesses http://www.kunc.org/post/delay-insurance-mandate-pleases-businesses The Obama administration's decision late Tuesday to postpone the requirement for employers with 50 or more workers to offer health coverage or risk fines has satisfied some key members of the coalition that supported the law.<p>But the one-year reprieve also raises new questions about the administration's ability to get the huge health law up and running in an orderly fashion. The deadline for the <a href="http://www.npr.org/blogs/health/2013/05/30/187337414/administration-touts-competition-in-insurance-exchanges">new health exchanges</a> to begin enrolling individuals is Oct. Wed, 03 Jul 2013 18:44:00 +0000 Julie Rovner 46625 at http://www.kunc.org Delay For Insurance Mandate Pleases Businesses