Ossoff, Warnock push Medicaid expansion in reconciliation bill: 'No senator's vote should be taken for granted
Sens. Jon Ossoff and Raphael Warnock are pushing for Medicaid expansion in the Democrats' reconciliation bill, with opposition from Sen. Joe Manchin,
Reconciliation bill: Manchin says Dems' IRS bank reporting proposal 'screwed up,' won't be in final bill
Manchin said President Biden agreed with him that it is unseemly to force the IRS to report bank accounts' inflows and outflows to the IRS.
Whose taxes are going up? White House considering 4 ways to pay for spending package
House lawmakers are still working on a deal to solidify President Biden’s multitrillion-dollar, two-bill infrastructure package that would boost funding for infrastructure and clean energy, along with social spending initiatives.
Senate Minority Whip John Thune rips Dem proposal to expand IRS, snoop into bank accounts
Senate Minority Whip John Thune, R-S.D., on Tuesday slammed a new proposal from Democrats that would raise to $10,000 the threshold for allowing the Internal Revenue Service to demand banks to report account transactions.
Fourth child tax credit payment goes out this week: What parents need to know
Millions of parents across the U.S. can expect to receive some extra cash this week.
Kudlow: Biden could inflict major damage on the economy
Larry Kudlow on discusses inflation woes as labor shortages continue and global supply chain nightmare prolongs.
Pelosi says IRS reporting requirement for bank accounts to stay in reconciliation bill despite public concerns
House Speaker Nancy Pelosi expressed little concern about public opposition to Democrats' proposal to force banks to report inflows and outflow of every account with more than $600 in activity per year to the IRS.
GOP senators call out 'harmful' tax penalties for married couples in spending bill
Sen. Mitt Romney, R-Utah, led a letter with 32 of his Senate Republican colleagues blasting a provision the House Democrat’s multitrillion-dollar budget reconciliation bill that would impose harsh marriage tax penalties.
Grover Norquist: Four ways Democrats' tax hikes for $3.5T spending spree will hurt Americans
President Biden and Congressional Democrats are pushing a $3 trillion ($3,000,000,000,000) tax increase on the American people.
3 retirement surprises to get ahead of
Here are three retirement surprises others have faced before you, and how to get ahead of them.
Conservative economists celebrate Reagan tax cuts at 40, warn of Carter-style 'malaise'
Economists celebrated former President Ronald Reagan's tax cuts on the fortieth anniversary of the law, warning that President Joe Biden's current policies bring back Jimmy Carter's malaise.
Senators’ cryptocurrency amendment blocked after receiving Yellen’s stamp of approval
A cryptocurrency amendment intended for inclusion in the bipartisan infrastructure bill, which aimed to define which groups would be subject to greater enforcement regulations, was blocked on Monday.
IRS tax gap bill in progress by GOP as estimates are in doubt
Republicans are working on ways to address the IRS’ tax gap, after several powerful members of the party cast doubt on the estimates that have been floated.
Biden administration expands paid leave tax credit to encourage more vaccinations
The Biden administration on Thursday expanded a tax credit that would give more U.S. workers time off to help friends and family members get vaccinated for COVID-19.
San Francisco considering congestion tax on high-earning drivers
San Francisco is looking into taxing downtown drivers in an effort to cut down on congestion.
Kudlow: The biggest obstacle to stocks and the economy is the Biden DC swamp
Larry Kudlow slammed President Biden's economic regulation plan on 'Kudlow'
Biden, Democrats celebrate first payments for new Child Tax Credit, shame GOP for not supporting it
The first installment of the new child tax credit will begin to hit the bank accounts of an estimated 39 million parents Thursday, and President Biden hailed the payments as one of the most consequential achievements of his presidency.
Mulvaney rips Dems’ $3.5T spending bill: There's 'no way' to pay for it
Mick Mulvaney told FOX Business' "Mornings with Maria" that there is "no way" to pay for Senate Democrats' $3.5 trillion spending bill without raising taxes on the middle class.
Yellen cajoles European global minimum tax holdouts after G-20 meeting in Venice
Treasury Secretary Janet Yellen on Monday called on European holdout countries that have not signed onto the global minimum tax deal to support the breakthrough agreement, though she has said it's not necessary for all nations to adopt it.
Buffett says dynastic wealth diminishing in appeal among rich Americans
Billionaire investor Warren Buffett downplayed the importance of dynastic wealth in the U.S.– and said it would become even less important in the future.