Congress · 117th Congress
Analysis: Budget bill would mostly raise taxes on top 1 percent
Tax cuts would be widespread at first under the Democrats' bill, then slightly rise in 2023 for some middle- and upper-income taxpayers.
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Congress · 117th Congress
Manchin opposes additional EV tax credit tied to unions
West Virginia senator criticizes such pro-union provisions in reconciliation package as 'wrong' and ‘not American’
Congress · 117th Congress
Defense, veterans groups press for new appropriations
Defense contractors and veterans groups say the impasse in setting a new Pentagon budget threatens their programs.
Congress · 117th Congress
Biden taps Califf as FDA commissioner
Califf, who previously helmed the FDA in the final year of the Obama administration, is seen as a status quo choice.
Congress · 117th Congress
Delayed ‘mega IRA’ provisions boost budget bill’s revenue take
Democrats are getting more revenue for their reconciliation bill thanks to tweaks that would set new limits on tax-free retirement accounts.
Policy · 117th Congress
McGovern nudges medical schools to invest in nutrition education
Robust nutrition education would help physicians combat diet-related conditions that cost the government billions to treat, McGovern says.
Congress · 117th Congress
Shareholders seen broadening ESG proposals as SEC changes course
The SEC's reversal of previous policy is expected to increase the number of shareholders' proposals on ESG next proxy season.
Congress · 117th Congress
Biden’s challenge: Getting infrastructure up and running
Legislation like the bipartisan infrastructure bill will take a while to implement before its impact can be felt by Americans.
Policy · 117th Congress
Top US cyber official to enlist white-hat hackers as advisers
Good-guy computer hackers would advise government on software vulnerabilities and how to fix them to avoid cyberattacks
Policy · 117th Congress
EPA touts water infrastructure money, but needs abound
The just-passed bipartisan infrastructure bill will provide the EPA with more than $50 billion for improving the nation’s water systems.
Congress · 117th Congress
Lobbyists, advocates seek to revise budget bill’s drug price changes
They are pressing for a number of changes to a pricing overhaul as focus on a $1.75 trillion budget bill shifts from the House to the Senate.
Policy · 117th Congress
Biden administration cracks down on ransomware group
FBI arrests Ukrainian citizen in Europe and seizes $6 million in assets allegedly extorted by the REvil computer hacking group
Congress · 117th Congress
Supreme Court appears likely to defer to Congress on Puerto Rico benefits
The Supreme Court appeared unlikely Tuesday to second-guess how Congress denies residents of Puerto Rico certain Social Security benefits.
Policy · 117th Congress
SEC’s Peirce sees room to regulate stablecoins through bank ‘lens’
An administration recommendation that stablecoin issuers be regulated like banks has received criticism from Republicans in Congress.
Congress · 117th Congress
Independent analysis says budget bill could add $200B to deficits
A watchdog group says the bill could increase deficits by $200 billion over 10 years, falling short of ambitions to fully pay for the package.
Congress · 117th Congress
Small banks facing greater cyber risks urge Congress to act
Community banks, minority lending institutions and credit unions face greater risks of cyberattacks and damages from data breaches.
Congress · 117th Congress
Defense policy amendments pour in ahead of floor action
Senators are proposing amendments to the annual defense policy bill on subjects including Afghanistan and Russia's Nord Stream pipeline.
Congress · 117th Congress
Supreme Court mulls if judges should review secret spy evidence
The Supreme Court wrestled Monday with what Congress intended in a 1978 law about government surveillance.
Congress · 117th Congress
Supreme Court to weigh how Congress treats Puerto Rico
The Supreme Court hears oral argument Tuesday about how Congress denies residents of Puerto Rico certain Social Security benefits.
Congress · 117th Congress
GOP would amend defense bill to block immigration settlements
Republicans want the defense policy bill to prohibit settlement payments to migrant families separated under Trump's zero tolerance policy.