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Congress · 117th Congress

Sweeping budget package passes Senate; House on deck Friday

[Sinema ready to advance budget bill after tax changes] The new taxes that made it into the Senate’s final bill are a 1 percent tax on what public companies spend on stock buybacks and a 15

Policy · 117th Congress

Democrats line up behind budget bill while GOP pledges ‘hell’

Substitute tax  To make up for the lost revenue from the corporate minimum tax exemptions and dropping the carried interest provision, Democrats added a 1 percent excise tax on stock buybacks, which

Policy · 117th Congress

In response to Western drought, a flood of legislation

It also would provide $1 billion for near-term drought relief programs and another $150 million specifically to help Native American tribes mitigate drought impacts.

Policy · 117th Congress

Infrastructure bill would transform energy, but maybe not enough

Multibillion-dollar natural disasters — events that cost more than $1 billion to clean up — have cost the U.S. an average of $47.6 billion a year from 1980 through 2020, according to the National