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Time.com: Fugitive: Foreign Banks Cheating IRS

A man wanted in Liechtenstein for leaking secret bank records told lawmakers on Thursday about elaborate sham transactions and code words used to outsmart the IRS

Time.com: Seeking Answers on Detainee Abuse

A Senate probe into officials' role in setting policies that led to the alleged torture of prisoners reveals the U.S. adopted the interrogation techniques of its Cold War foes

Military lawyers objected to harsh interrogation techniques

A top legal adviser to the Pentagon squelched objections from legal experts when the military was writing rules that cleared the way for harsh interrogation of prisoners, a former lawyer for the senior U.S. military commander testified Tuesday.

Air Force officials ousted over nuclear gaffes

The top military and civilian leaders of the U.S. Air Force were forced out Thursday over the handling of nuclear weapons, the Defense Department secretary said.

Senate moves to restrict Iraq reconstruction funding

The Senate Armed Services Committee moved Wednesday to ban U.S. military funding of Iraqi reconstruction projects costing more than $2 million.

CNNMoney: Lawmakers aim at credit card companies

A group of Democratic lawmakers unveiled sweeping legislation Wednesday that promises to shield consumers from harmful, and in some instances predatory practices, by the credit card industry.

Report: Iraq windfall soars along with oil prices

Iraq's government is expected to reap a $70 billion windfall from soaring oil prices, about double the previous projections, the U.S. military's reconstruction watchdog reported Wednesday.

Iraq budget cut by $171M after oil-profit windfall

The Pentagon has agreed to cut from its budget $171 million to build police stations in Iraq after demands from Congress that the Iraqi government spend its recent oil windfall on reconstruction projects.

Time.com: Washington to Shrink US Cars?

Even if government-enforced fuel efficiency standards don't prompt Americans to buy smaller cars, the rising gas price probably will

CNNMoney: Congress tackles credit card reform

Consumers, public interest groups and some federal regulators pushed lawmakers to enact sweeping changes to the credit card industry, aimed at remedying what they view as questionable practices of the credit card industry that keep consumers mired in debt.

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