Democrats are facing hurdles to making a new annual tax on billionaires’ investment gains a reality. The proposal, championed by Senate Finance Committee Chairman Ron Wyden (D-Ore.), is seen as a way to help pay for the party’s social spending package while accommodating Sen. Kyrsten Sinema’s (D-Ariz.) opposition to raising tax rates. But some Democratic … Continued
On Friday, House Minority Leader Kevin McCarthy hosted a roundtable on the Hyde Amendment and taxpayer funding of abortions as part of an ongoing series about the Build Back Better reconciliation bill. Members of Congress attending the roundtable included House Minority Leader Kevin McCarthy (R-Calif.), Representative Chris Smith (R-N.J.), Representative Michelle Fischbach (R-Minn.), and Representative … Continued
House Speaker Nancy Pelosi (D-Calif.) has suggested that Democrats are poised to reach an agreement on President Joe Biden’s social spending package, although the price tag isn’t yet clear. “We have 90 percent of the bill agreed to and written. We just have some of the last decisions to be made,” Pelosi told CNN’s “State of the Union” on Oct. … Continued
House Speaker Nancy Pelosi (D-Calif.) did not issue a definitive answer about whether she will run for reelection in 2022 while she was being questioned during a Sunday morning interview. Pelosi, who was first elected to the House in 1986, was asked on CNN’s “State of the Union” if she is planning on running for her congressional seat, which … Continued
Government workers can file compensation claims should they have an “adverse reaction” to the COVID-19 vaccine or are hurt while getting vaccinated, according to the Department of Labor. A Federal Employees’ Compensation Act bulletin clarifies that, while preventive measures such as inoculations don’t typically fall within the scope of claims because the Biden administration has … Continued
Special counsel John Durham provided 81,000 pages of discovery to indicted Democratic lawyer Michael Sussmann in his criminal inquiry into the Russia investigation, court filings show. The reams of documents, which reveal details from grand jury subpoenas sent to 15 individuals and organizations likely including opposition research firm Fusion GPS, were produced this month after … Continued
Former President Donald Trump holds a significant lead among independent voters over President Joe Biden, a Wednesday poll found. A Grinnell-Selzer poll found that Trump leads Biden with a 45% to 28% margin among Independent voters in a hypothetical 2024 presidential election. Exactly 20% of the Independent respondents surveyed said they would support another candidate … Continued
Biden is bowing to the left again by keeping new entitlements and disguising their cost. Democrats say they’re working hard to pare back their $3.5 trillion tax and spending bill to $2 trillion to please House and Senate dissenters, but don’t believe it. What they’re really doing is working hard to pack $4 trillion in … Continued
President Biden told Democrats during a private meeting Tuesday that he believed they could secure a deal on a new tax-and-spending proposal between $1.75 trillion and $1.9 trillion, far less than some in the party initially sought, even as some lawmakers later maintained it still would allow them to accomplish broad swaths of their vast … Continued
Congress’s powers to conduct investigations in the face of defiant witnesses have eroded sharply in recent years—a trend once again on display as former President Donald Trump and his associates gear up for a legal battle fighting demands from investigators probing the Jan. 6 attack on the U.S. Capitol. The congressional committee investigating the attack … Continued
The House committee investigating the Jan. 6 Capitol riot announced that it will vote to hold Steve Bannon in contempt after the former White House strategist failed to appear for a scheduled deposition Thursday. Thursday’s announcement comes as the panel awaits the deposition of several other Trump officials amid former President Donald Trump’s attempts to … Continued
Members of Congress, the president and the Internal Revenue Service are increasingly concerned that you are now committing tax fraud against the federal government, and they want your banks to throw you against the wall and frisk you. A lot of Americans deal in cash or with apps that digitally transfer funds between people. They then … Continued
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