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Congress · 118th Congress

Biden, McCarthy make ‘no promises’ on debt, will keep talking

House Ways and Means Chairman Jason Smith, R-Mo., Appropriations Chairwoman Kay Granger, R-Texas, Budget Chairman Jodey C. Arrington, R-Texas, and Financial Services Chairman Patrick T.

Congress · 117th Congress

Major corporations make last-ditch push for R&D tax break

In a letter, CEOs of Intel Corp., AT&T Inc., 3M Co. and 33 other big corporations said Tuesday that it “could be the last chance to avert the consequences of failing to act before the end of the first

Congress · 117th Congress

IRS budget in focus as brutal tax filing season arrives

Bob Menendez, D-N.J., and Bill Cassidy, R-La., 23 Democrats and two Republicans urged the IRS to consider steps including a pause on automated collections of unpaid taxes, dropping fines for taxpayers

Policy · 116th Congress

States need money. The Fed has it. Politics may be an obstacle

Fed embarks on protecting the economy through careful and targeted use of its powers, Congress must be realistic about what the Fed can and cannot do,” House Financial Services ranking member Patrick T.