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Congress · 119th Congress

Senate payout provision defies typical legal concepts, experts say

Congress flouted several legal principles with an unusual provision creating a streamlined path only for senators to file lawsuits and collect at least $1 million each for government actions in the previous

Congress · 119th Congress

Senate payouts unnerve some in House GOP ahead of shutdown vote

"The problem is, if we remove it … it has to go back to the Senate, and then you're right back to where you were 40 days ago," he said, referring to the start of the partial shutdown that began Oct. 1.

Congress · 117th Congress

Schumer: Senate closing in on omnibus amendments deal

It would extend the program to 2027 and provide $1 billion to help ensure new claims can still be accepted, although that’s short of the $3.6 billion advocates had been seeking to fully erase the budget

Congress · 117th Congress

Bipartisan crypto bill outlines regulatory, tax framework

The drop in value of some cryptocurrencies in May, including the algorithmic stablecoin Terra, which lost its $1 peg, was followed by dips in other cryptocurrencies including bitcoin and Tether.

Congress · 117th Congress

GOP talk of school ‘hardening’ panned as fig leaf by Democrats

Congress has already moved to provide more school security funding in recent years, authorizing $1 billion over 10 years following the 2018 shooting at Marjory Stoneman Douglas High School in Parkland

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

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.