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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

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

Opinion · 117th Congress

Why ‘no corporate PAC money’ pledges are important

In fact, voters’ positive response across the county and across party lines for this pledge has helped build major support and momentum for reforms like the For the People Act (HR 1/S1).

Congress · 117th Congress

Democrats unveil blueprint for $3.5T budget reconciliation bill

and Senate panels to write legislation to increase the deficit by up to nearly $1.75 trillion while instructing the Senate Finance and House Ways and Means committees to reduce the deficit by at least $1

Congress · 117th Congress

Senate aims for weekend vote on infrastructure bill

The Senate could vote this weekend on its nearly $1 trillion infrastructure legislation after Majority Leader Charles E. Schumer filed a motion to bring the debate to a close as soon as Saturday.

Congress · 117th Congress

Let down by infrastructure bill, climate hawks eye reconciliation

With significantly less funding for climate programs than the White House requested in the Senate’s nearly $1 trillion bipartisan infrastructure bill, climate advocates are pinning their hopes on a budget

Congress · 117th Congress

Amendment holds slow Senate infrastructure bill’s progress

Individual senators’ holds on bipartisan amendments slowed debate on a nearly $1 trillion infrastructure bill Tuesday, casting doubt on Senate Democrats’ hopes of wrapping up the bill by this weekend.