Sen. Rand Paul, R-Ky., questions witnesses during a hearing of the Senate Committee on Homeland Security and Governmental Affairs on the offshore tax strategy of U.S.-based company Caterpillar, on Capitol Hill in Washington, D.C., April 1, 2014. (credit: Allison Shelley/Getty Images)

Rand Paul: Give Caterpillar ‘Award’ For Using Tax Strategy to Save Billions

Caterpillar Inc. executives defended a tax strategy Tuesday that has saved the manufacturing giant billions in U.S. taxes. They got support from Republican senators, including one who said the company deserves an award.