this is an adventure

WASHINGTON (AP) — President Barack Obama plans changes to tax policy certain to be unpopular with corporations with international divisions and individuals who use tax havens. Obama’s two-part plan, which he is slated to unveil at the White House on Monday, also calls for 800 new federal tax agents to enforce the system.

The last time Amazon (AMZN) held a press conference in New York City was in February, when it introduced the Kindle 2.0. Now it is scheduling one for Wednesday morning at Pace University in lower Manhattan. Expect a new, large format device that’s optimized for reading newspapers and magazines.

Last week, as the Senate was poised to kill legislation allowing homeowners the option of bankruptcy to prevent foreclosure, Sen. Richard Durbin (D-Ill.) provided a grave assessment of Congress’ relationship with the finance industry.

President Obama’s health-care goals may be garnering attention, but his higher-education proposals are no less ambitious. If adopted, they could transform the financial aid landscape for millions of students while expanding federal authority to a degree that even Democrats concede is controversial.