SALT cap critic urges Yellen to restore full tax deduction in Biden's $2.25T spending plan
A key Democrat is renewing his push for President Biden to repeal a Trump-era limit on state and local tax deductions in his $2.25 trillion tax and spending plan.
What Biden's capital gains tax proposal could mean for your wallet
President Biden is expected to propose almost doubling the tax rate paid by wealthy investors when they sell stocks and other assets in his next big-ticket spending bill.
Stock investors dissect Biden’s capital gains tax hike proposal
Wall Street strategists are growing increasingly concerned that President Biden’s tax hikes could put an end to the stock market’s record-setting run.
Biden administration moves to unwind Trump auto-emissions policy
Move to end legal battle with California over its authority to regulate vehicle emissions sets the stage for tougher fuel standards nationwide
Biden planning to hike capital gains tax rate on wealthy individuals: Report
President Biden is expected to lay out another spending plan next week, which may include a serious hike in capital gains tax rate for the wealthy.
Larry Kudlow: Biden climate change, tax plans mean less investment, productivity, family income, and growth
‘Kudlow’ host Larry Kudlow slammed Biden's climate change and tax policies Thursday, saying if the administration raises the capital gains tax, there will be less investment, productivity, wages, family income, and growth.
Senate Republicans reignite push for debt ceiling, spending cuts
Senate Republicans are pushing a return to fiscal austerity under President Biden, adopting a new internal party rule that requires dollar-for-dollar spending cuts in order to raise the debt ceiling.
GOP reps ask Biden to halt provision in COVID stimulus banning states from using money for tax cuts
A group of 45 House Republicans on Thursday is sending a letter to President Biden asking him to halt the implementation of a provision in the coronavirus stimulus bill that bars states from paying for tax cuts with the money they get through the law.
IRS sends another batch of $1,400 stimulus checks to 2M Americans
The IRS sent out a sixth batch of stimulus checks this week, delivering payments to another 2 million Americans as part of President Biden's $1.9 trillion American Rescue Plan.
Republicans unveil $568B infrastructure framework as counteroffer to Biden's spending plan
A group of moderate Senate Republicans on Thursday unveiled a scaled-back infrastructure proposal, a counteroffer to the massive $2.3 trillion tax and spending plan introduced by President Biden earlier this month.
Mark McCloskey, St. Louis gun-wielding lawyer, mulls US Senate run to fight Biden’s ‘anti-American’ agenda
Mark McCloskey, of McCloskey Law Center, explains his motivation for a potential U.S. Senate bid in 2022.
Former Home Depot CEO: Woke backlash against corporate CEOs trickles down to hard-working employees
Former Home Depot CEO Bob Nardelli reacts to the boycott campaign push over the home improvement retailers' apolitical stance on Georgia's new voting law.
Former Chrysler CEO warns of unintended consequences of new climate standards on auto industry
Former Chrysler CEO Bob Nardelli told FOX Business’ “Mornings with Maria” new climate standards will lead to "tremendous confusion" and higher prices in the auto industry.
Biden to release climate goals to improve jobs and lower pollution
President Biden is set to announce Thursday, new goals for reducing greenhouse gas emissions by over 50 percent from 2005 levels by 2030 – just one part of the U.S.’s plan to combat climate change.
Body camera purchases may rise as Ohio commits to equipping officers
Ohio Gov. Mike DeWine committed to equipping more officers with body cameras one day after Derek Chauvin was found guilty on all three charges brought against him in the death of George Floyd.
Kudlow: Biden's infrastructure spending bill will 'destroy' the economy
‘Kudlow’ host Larry Kudlow slammed Biden's infrastructure spending bill, and failure to work with Republicans, Wednesday, asserting that the economy was growing, and “if it ain't broke, don't fix it.”
Yellen says going green will cost $2.5T and require private sector investment
U.S. Treasury Secretary Janet Yellen on Wednesday noted that the Biden administration’s goal of reducing emissions by investing in green energy infrastructure will require a sizable investment.
Powell pledges Fed won't allow 'substantial' overshoot of inflation
Federal Reserve Chairman Jerome Powell said that inflation could temporarily rise as the U.S. economy recovers from the coronavirus pandemic, but said policymakers are committed to preventing a "substantial" overshoot.
Sanders unveils plan to make college free — paid for by new Wall Street tax
Sen. Bernie Sanders and Rep. Pramila Jayapal unveiled legislation on Wednesday to make college free for millions of Americans – a policy that would be paid for with a new tax on Wall Street.
Biden calls on employers to provide paid time off for COVID-19 vaccines, offers tax credits
President Biden on Wednesday urged U.S. employers to provide their workers with paid time off to receive the COVID-19 vaccine – and any time it takes to recover from the shot – as the White House looks to encourage reluctant Americans to be inoculated.

















