U.S. multinationals like GE (GE) and Cisco (CSCO) are pushing for a tax holiday in order to...

|By:, SA News Editor

U.S. multinationals like GE (GE) and Cisco (CSCO) are pushing for a tax holiday in order to repatriate billions of dollars “trapped” overseas, arguing using the money domestically will boost the economy. An unconvinced White House has thus far rebuffed the requests.