Taxes
Manfred worries MLB cap proposal could lead to repeat of 1994-95 strike
Baseball Commissioner Rob Manfred worries the owners' salary cap proposal could lead to a work stoppage like the one that caused the cancellation of the 1994 World Series and says the plan is needed because management concluded that the luxury tax system in place since 2003 no longer is working.
Trump revives tariff plan citing forced labor in foreign countries
President Trump has reignited his trade war with a plan to impose tariffs on 60 U.S. trading partners nearly four months after the Supreme Court struck down his earlier levies.
Acting attorney general says $1.8 billion Anti-Weaponization Fund is permanently dead
The Justice Department is permanently abandoning its plan to set up a $1.8 billion Anti-Weaponization Fund, acting Attorney General Todd Blanche told Congress on Tuesday.
Florida Legislature OKs Gov. Ron DeSantis’ plan to let voters decide whether to end property taxes
Florida voters in November will get the chance to make the Sunshine State the first in the nation to end property taxes.
New York sues over the Trump administration’s deal to end an offshore wind project
New York's attorney general sued the Trump administration Tuesday over one of its deals to end an offshore wind project.
Justice Department to drop Anti-Weaponization Fund in compliance with court ruling
The Justice Department is dropping a $1.8 billion Anti-Weaponization Fund it created as part of a settlement with President Trump.
International arbitrators reject $134M claim by Rwanda against U.K. for scrapped migrant deal
A panel of international arbitrators has rejected a multimillion-dollar claim by Rwanda against the United Kingdom linked to a refugee resettlement deal that Prime Minister Keir Starmer scrapped immediately after taking office in 2024.
Bessent says IRS and FBI investigation into antifa has made ‘substantial progress’
Treasury Secretary Scott Bessent confirmed Thursday that a joint IRS-FBI investigation into the funding networks behind antifa has made "substantial progress."
Republicans’ recent stumbles in Congress highlight the difficult road ahead for their agenda
A roughly $70 billion bill to fund immigration enforcement through the remainder of President Donald Trump's term was supposed to be an easy lift for Republicans.
‘Standing up for taxpayers’: Gov. Ron DeSantis puts Florida’s property tax on the chopping block
Florida Gov. Ron DeSantis on Wednesday aggressively moved to make his state the first in the nation to eliminate most residential property taxes, citing wasteful spending by local governments and the need to help residents struggling to afford increasing costs.
IRS reportedly weighing adding non-U.S. citizen checkbox to tax forms
The IRS is reportedly looking into requiring taxpayers to disclose their citizenship status on next year's tax forms.
Senate GOP delays vote on filibuster-proof funding bill amid backlash over Anti-Weaponization Fund
Senate Republicans are postponing consideration of their filibuster-proof immigration enforcement funding bill until June after it got snagged in a political debate over the Trump administration's $1.8 billion Anti-Weaponization Fund.
Lawmakers try to fight Trump’s Anti-Weaponization Fund
A bipartisan effort to kill President Trump's recently released Anti-Weaponization Fund is reportedly brewing in the House as the White House and Republican leadership struggle to rein in dissent about the $1.776 billion money pool.
U.K. offers cheaper chocolate and tickets to the zoo in bid to ease cost of living squeeze
The British government is offering cheaper chocolate and discounted entry to theme parks as it seeks to ease a cost-of-living squeeze and win back voters.
Trump touts security upgrades for presidential ballroom as congressional funding remains in doubt
Congressional Republicans are navigating tricky political and procedural obstacles to funding security components at the new White House ballroom in a spending package for immigration enforcement that is moving through the Senate this week.
Senate committee advances immigration enforcement funding for filibuster-proof package
The Senate Homeland Security and Governmental Affairs Committee approved its portion of a multiyear immigration enforcement funding package that Republicans hope to send to President Trump's desk by week's end.
Hunter Biden can apply for new weaponization money — but Trump can’t
Acting Attorney General Todd Blanche said President Trump cannot collect any of the money from the new $1.8 billion Anti-Weaponization Fund -- but Hunter Biden, son of the former president, could.
Trump moves to dismiss $10B suit over leak of tax returns after reports of a resolution
President Trump on Monday moved to withdraw his $10 billion lawsuit against the Internal Revenue Service over the leak of his tax returns after reports that his administration was poised to create a fund to compensate some of his allies.
Too elite to fail, too strapped to sustain: Special op forces seek funds to match scale of missions
Modern warfare carries an "insatiable" demand for the complex, dangerous missions that only America's special operations forces can execute, such as the daring January raid to capture Venezuelan President Nicolas Maduro from a heavily guarded compound in a foreign capital.
Trump’s proposed Golden Dome estimated to cost $1.2 trillion, far more than he initially said
President Trump's plan to put weapons in space -- pitched as a "Golden Dome for America" missile defense program -- is estimated to cost $1.2 trillion over a 20-year period, according to a new analysis from the Congressional Budget Office, a far heftier sum than the initial $175 billion price tag he gave last year.