White House floats new tax plan to get enough Senate Democrats behind trillion dollar spending bill
The White House is considering new tax-increase plans to get enough Democrat senators to pass President Biden’s stalled multi-trillion dollar, social services and climate change package.
GOP senators block Democrats’ election reform bill from advancing
A voting rights and election reform bill failed Wednesday to advance in the evenly-split Senate after 50 Republicans senators voted against it in a procedural vote.
Biden admin. asks Supreme Court to halt Texas heartbeat abortion law
The Biden administration is asking the U.S. Supreme Court to reverse a lower court decision allowing a Texas law banning abortions as early as six weeks of gestation to remain in effect as litigation continues.
Democrats to scale back Treasury’s IRS bank reporting plan, raise threshold from $600 to $10,000
Senate Democrats are set Tuesday to announce a scaled-down version of the Biden administration’s proposal to crack down on Americans it suspects are dodging taxes.
Biden: $3.5 Trillion Bill Likely Won’t Pass
President Joe Biden on Friday said Democrats’ $3.5 trillion social spending bill will likely not pass Congress this year.
Key GOP senators fear Biden to bypass Constitution to force U.S. corporations to pay global tax
President Joe Biden and U.S. Treasury Secretary Janet Yellen are urging Congress to approve an international agreement for a global corporate tax of 15%, raising alarm among key GOP senators of an administration plan to circumvent the Senate’s treaty p…
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