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Congress · 117th Congress

Treasury pushes global crypto data-sharing rules in budget bill

Rettig has estimated the “tax gap” — the difference between taxes owed and paid to the federal government — stands at $1 trillion each year, with a portion coming from unpaid taxes on cryptocurrency trades

Congress · 117th Congress

Democrats mull disapproval process to break debt limit stalemate

could come in October or November, according to the Congressional Budget Office, though Treasury Secretary Janet Yellen has warned Congress must act sooner because of large benefit payments due Oct. 1.

Congress · 117th Congress

House adopts budget, greenlights reconciliation process

didn’t get that demand met, they did get leadership to agree to holding the infrastructure vote no later than Sept. 27, a few days before surface transportation authorizations are set to expire Oct. 1.

Congress · 117th Congress

Fixes to target date language for infrastructure vote teed up

target date holds, it would mean a vote on the infrastructure bill days before current surface transportation program authorizations are set to expire, as well as government-wide agency funding, on Oct. 1.

Congress · 117th Congress

Afghanistan collapse won’t dramatically alter defense spending

House Armed Services subcommittees marked up their portions of the House bill in July, with the full committee scheduled to hold its marathon markup session of the massive defense policy bill on Sept. 1.

Congress · 117th Congress

Veteran lawmakers cast wide blame for Afghanistan collapse

A Capitol security spending supplemental spending bill that was cleared for President Joe Biden on July 29 will authorize 8,000 additional visas and provide over $1 billion in funds for the relocation