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Biden tax hikes could include estate taxes

The White House remained mum on specific tax proposals ahead of an expected announcement from President Biden on Wednesday, including whether he is currently considering adjustments to the estate tax.

Biden's tax-hike plan faces opposition from moderate Democrats

The White House is assembling an infrastructure package that will likely be funded by new taxes on corporations and wealthy Americans — but the sweeping multitrillion-dollar plan could face opposition from members of President Biden's own party. 

Biden boosts offshore wind energy, wants to power 10M homes

The Biden administration is moving to sharply increase offshore wind energy along the East Coast, saying Monday it is taking initial steps toward approving a huge wind farm off the New Jersey coast as part of an effort to generate electricity for more than 10 million homes nationwide by 2030.