Government Spending

Biden's tax plan could give IRS more access to your bank account

The Biden administration is aiming to bolster the Internal Revenue Service by adding bank account reporting requirements to Democrats' massive tax and spending bill, prompting a swift backlash from Republicans who have warned it infringes on customers' privacy.

White House doubles down on fight for extra IRS funding

The Biden administration defended its plan to increase funding for the IRS by nearly $80 billion, arguing in a memo to congressional Democrats the additional money could help the agency crack down on wealthy tax dodgers and recover billions in lost revenue.

AOC to introduce bill extending pandemic unemployment benefits

Rep. Alexandria Ocasio-Cortez said this week she will introduce new legislation to reinstate unemployment benefits for millions of Americans after Congress allowed three federal programs put in place during the early days of the coronavirus pandemic to expire last week.