Big tax increases ‘convoluting’ the code, hurting economic growth: Steve Forbes
Forbes Media Chairman Steve Forbes weighs in on the long-term impact of the Biden administration raising taxes.
Will Biden change real estate tax rates?
President Biden has said he intends to raise certain tax rates – but could real estate rates be affected by his potential changes to the tax code?
DOJ nominee Vanita Gupta is investor in family business that pays Mexicans less than $1.50 an hour
Biden Justice Department nominee Vanita Gupta has stake in a business led by her father that pays workers in Mexico less than $2 an hour.
Biden admin to be sued by red states over revocation of Keystone XL permit, suit argues president lacks authority
A group of red states filed a lawsuit on Tuesday against the Biden administration for revoking the permit for the Keystone XL pipeline, which the president did via executive order on his first day in office.
Sharp rise in gas prices due to Biden's energy actions: Florida Sen. Rick Scott
Sen. Rick Scott, R-Fla., blamed Joe Biden for the sudden and sharp increase in gas prices nationwide.
Tax Foundation president: Economists 'very concerned' about stimulus amount
Tax Foundation President Scott Hodge warned on Wednesday that economists are currently “very concerned about the amount of stimulus money that’s been put into the economy."
Senate confirms Katherine Tai as Biden's top trade envoy
The Senate confirmed Katherine Tai as the top U.S. trade envoy in an overwhelming bipartisan vote on Wednesday . She will be the first Asian American and first woman of color to hold the position.
Biden says he will get Democratic votes for tax increase
President Biden said he will be able to get Democratic votes to support his plans to bring back a major tax hike for the first time in nearly 30 years.
House Dems renew push for 'Medicare-for-all,' pressure Biden to move left
A group of progressive Democrats is renewing their push for "Medicare-for-all" this week, using the coronavirus pandemic to make the case for a sweeping overhaul of the nation's health care system.
Border crisis is very 'serious' and will get 'much worse,' Rep. Katko warns
Rep. John Katko, a ranking member of the House Homeland Security Committee, describes the situation at the border after his visit.
When will the extra $300 in unemployment benefits start?
The extra $300-a-week unemployment benefit included in President Biden's coronavirus relief plan may not arrive until mid-April or later.
Biden tax hikes will 'hurt every single person in this country': Rep. Mace
Rep. Nancy Mace, R-S.C., slammed President Biden's reported tax hike proposal on Wednesday arguing that it would hurt wages and jobs.
Republican attorneys general threaten Biden over key element of stimulus plan
Twenty-one Republican attorneys general threatened to take action against the Biden administration over a key element of the recently signed $1.9 trillion coronavirus relief law.
Biden 'enormous' amount of spending a 'problem' for economy: Sen. Lankford
Biden's $1.9 trillion COVID relief bill and proposed $4 trillion infrastructure package puts the U.S. on tap for spending $10 trillion this year.
Biden wants to raise taxes. How politically damaging would it be?
Democratic political strategist Brad Bannon said raising taxes is always “troublesome politically” but that the Biden administration was betting on two things: raising the taxes on the wealthy would only affect “2 or 3% of voters” and that if by next fall, midterm election season, the economy has recovered from the pandemic, “Americans will be so grateful they’ll overlook the tax issue."
Republicans won’t support tax hikes to fund Biden’s infrastructure plan, McConnell says
Senate Minority Leader Mitch McConnell, R-Ky., said on Tuesday that Republicans were not likely to support any tax increases to fund President Biden’s next economic package.
Senate confirms Isabel Guzman to run SBA as Biden considers business tax hikes
The Senate on Tuesday confirmed Isabel Guzman as head of the Small Business Administration, as the Biden administration reportedly prepares to unveil plans to raise corporate taxes.
IRS agrees to protect some stimulus checks from debt reductions
The IRS has agreed to not seize some Americans' stimulus check to offset outstanding federal tax debts, according to an agency watchdog.
Biden tax increases will ‘damage’ your life savings, Grover Norquist says
Higher taxes on corporations is "very bad news" for the U.S., according to Americans for Tax Reform President Grover Norquist.
Yellen says Biden still open to wealth tax, other increases for top earners
Treasury Secretary Janet Yellen indicated that President Biden is open to pursuing a wealth tax as a means of paying for his multitrillion-dollar agenda and addressing the nation's swelling federal budget deficit.


















