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Taxes & Budget

Coverage of the national budget and your taxes.

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Sen. Amy Klobuchar, D-Minn., chair of Senate Democratic Steering Committee, stops for questions by reporters after meeting with White House officials to work on a way to lift the debt limit without Republican votes, at the Capitol in Washington, Wednesday, Oct. 6, 2021. (AP Photo/J. Scott Applewhite)

Sen. Amy Klobuchar predicts social welfare spending bill will pass by Christmas

By Valerie Richardson - The Washington Times
President Joe Biden speaks as he announces that he is nominating Jerome Powell for a second four-year term as Federal Reserve chair, during an event in the South Court Auditorium on the White House complex in Washington, Monday, Nov. 22, 2021. Biden also nominated Lael Brainard as vice chair, the No. 2 slot at the Federal Reserve. (AP Photo/Susan Walsh) **FILE**

Biden push for $2.5B tax break for lawyers spurs accusations of political payoff

By Haris Alic - The Washington Times
In this June 16, 2021, file photo U.S. Rep. Alexandria Ocasio-Cortez, D-N.Y., listens as House Speaker Nancy Pelosi, D-Calif., speaks during a news conference at the Capitol in Washington. (AP Photo/J. Scott Applewhite, File)

AOC pleads with Senate to rescue immigration amnesty in Biden budget bill

By Stephen Dinan - The Washington Times
(Associated Press) ** FILE **

Historically Black college in Tennessee gives students Thanksgiving gift -- $10K

Associated Press
Sen. Jon Tester, D-Mont., stops for reporters asking about the fate of President Joe Biden's plan for social and environmental spending, at the Capitol in Washington. (AP Photo/J. Scott Applewhite)

Fate of Democrats' $2 trillion tax-and-spend wish list in limbo in Senate

By Seth McLaughlin - The Washington Times
The U.S. Capitol dome is seen, Monday, July 9, 2018, in Washington. (AP Photo/Carolyn Kaster) ** FILE **

House narrowly passes Biden's multitrillion-dollar social welfare bill, setting up Senate fight

By Haris Alic - The Washington Times
In this image from House Television, House Minority Leader Kevin McCarthy of Calif., speaks on the House floor during debate on the Democrats' expansive social and environment bill at the U.S. Capitol on Thursday, Nov. 18, 2021, in Washington. (House Television via AP)

McCarthy blocks Democrats from passing Biden's social welfare bill in 'dead of night'

By Haris Alic - The Washington Times
In this March 22, 2013, file photo, the exterior of the Internal Revenue Service (IRS) building is seen in Washington. A new report released Thursday by the Congressional Budget Office estimates that President Biden’s plan to hire more than 87,000 new IRS agents will generate $207 billion in new revenue over a decade. The figure is nearly half of the $400 billion the White House claimed would be raised. (AP Photo/Susan Walsh, File) **FILE**

CBO: Biden's IRS tax-enforcement plan falls far short of White House revenue estimates

By Haris Alic and Dave Boyer - The Washington Times
President Joe Biden speaks during a news conference at the COP26 U.N. Climate Summit, Tuesday, Nov. 2, 2021, in Glasgow, Scotland. (AP Photo/Evan Vucci, File)

CBO: Funding for Biden's social welfare bill comes up more than $367 billion short

By Haris Alic - The Washington Times
Speaker of the House Nancy Pelosi, D-Calif., center, walks with staff to a news conference to talk about the importance of climate change policy in President Joe Biden's domestic agenda, Wednesday, Nov. 17, 2021, at the Capitol in Washington. (AP Photo/Jacquelyn Martin)

Pelosi faces opposition from Democrat over restoring tax cuts for wealthy blue state residents

By Haris Alic - The Washington Times
President Joe Biden waves as he arrives in Milford, Del., Wednesday, Nov. 10, 2021, to attend the funeral of former Delaware Gov. Ruth Ann Minner at the Church of Nazarene. (AP Photo/Andrew Harnik) ** FILE **

Biden's Delaware trips cost taxpayers $3M for Secret Service, report says

By Jeff Mordock - The Washington Times
Rep. Carolyn Bourdeaux speaks during a news conference in downtown Atlanta on May 21, 2021. (Alyssa Pointer/Atlanta Journal-Constitution via AP, File)

Heritage Action for America slams 'SALT' provision in Biden's social welfare bill in $1M ad buy

By Tom Howell Jr. - The Washington Times
President Joe Biden speaks to reporters as he prepares to depart Manchester-Boston Regional Airport, Tuesday, Nov. 16, 2021, in Manchester, N.H. (AP Photo/Evan Vucci)

Biden's social welfare bill breaks pledge to not raise taxes on people making less than $400,000

By Haris Alic - The Washington Times
Senate Majority Leader Chuck Schumer of N.Y., appears at a news conference following a Democratic strategy meeting at the Capitol in Washington, on Oct. 26, 2021. Democrats $1.85 trillion package of social and climate initiatives seems afflicted by a maddening parade of hurdles. Looming ahead is the Congressional Budget Office, which could cause problems that would be messy but probably surmountable. (AP Photo/Andrew Harnik, File)

Big fights in play as Senate tackles massive defense policy bill

By Joseph Clark - The Washington Times
President Joe Biden speaks during a visit to the NH 175 bridge over the Pemigewasset River to promote infrastructure spending Tuesday, Nov. 16, 2021, in Woodstock, N.H. (AP Photo/Evan Vucci)

Biden visits New Hampshire in effort to shore up bridges, Democrats' fortunes

By Dave Boyer - The Washington Times
President Joe Biden greets people after speaking during a visit at the Port of Baltimore, Wednesday, Nov. 10, 2021. (AP Photo/Susan Walsh) **FILE**

Biden's social welfare bill estimated to raise taxes 30% on middle class, cut them for millionaires

By Haris Alic - The Washington Times
In this March 22, 2013, file photo, the exterior of the Internal Revenue Service (IRS) building is seen in Washington. President Biden’s proposed plan to hire more than 80,000 additional Internal Revenue Service agents could wind up helping the super-wealthy to avoid paying their fair share, according to a new analysis. (AP Photo/Susan Walsh, File) **FILE**

Biden plan to hire 80K IRS agents will backfire, letting wealthy dodge taxes, expert warns

By Haris Alic - The Washington Times
President Joe Biden speaks about the bipartisan infrastructure bill in the State Dinning Room of the White House, on Nov. 6, 2021, in Washington. When he was in the White House, Donald Trump referred to Baltimore as a "disgusting, rat and rodent infested mess." But for Biden, the city is the first stop on what will likely be a national tour to showcase the value of his agenda. (AP Photo/Alex Brandon)

Detour ahead: Biden infrastructure package faces delays from workforce shortage, supply chain snares

By Haris Alic - The Washington Times
President Joe Biden speaks about the bipartisan infrastructure bill in the State Dinning Room of the White House, on Nov. 6, 2021, in Washington. When he was in the White House, Donald Trump referred to Baltimore as a "disgusting, rat and rodent infested mess." But for Biden, the city is the first stop on what will likely be a national tour to showcase the value of his agenda. (AP Photo/Alex Brandon)

Consumer prices soar, Biden doubles down on higher government spending

By Dave Boyer and Jeff Mordock - The Washington Times
The U.S. Capitol dome is seen, Monday, July 9, 2018, in Washington. (AP Photo/Carolyn Kaster) ** FILE **

Congressional deadlines threaten to sideline Biden social welfare bill

By Haris Alic - The Washington Times
Virginia Gov.-elect Glenn Youngkin speaks to the media after a transition luncheon in front of the Governor's Mansion at the Capitol in Richmond, Va., Thursday, Nov. 4, 2021. (AP Photo/Steve Helber)

Virginia Gov.-elect Youngkin releases tax information

Associated Press
President Joe Biden speaks about the bipartisan infrastructure bill in the State Dinning Room of the White House, Saturday, Nov. 6, 2021, in Washington. (AP Photo/Alex Brandon)

Biden's budget bill threatened by Democratic infighting after infrastructure win

By Haris Alic - The Washington Times
The U.S. Capitol is seen on a sunrise in Washington, Friday, Nov. 5, 2021. Democrats in the House appear on the verge of advancing President Joe Biden’s $1.85 trillion-and-growing domestic policy package. (AP Photo/Jose Luis Magana)

EXCLUSIVE: House GOP moves to block members of Congress from profiting off lucrative SALT deduction

By Haris Alic - The Washington Times
In this Sept. 22, 2021, file photo, prospective employers and job seekers interact during a job fair in the West Hollywood section of Los Angeles. (AP Photo/Marcio Jose Sanchez) ** FILE **

October jobs report beats expectations with gain of 531,000

By Jeff Mordock - The Washington Times
President Joe Biden talks about the newly approved COVID-19 vaccine for children ages 5-11 from the South Court Auditorium on the White House complex in Washington, Wednesday, Nov. 3, 2021. U.S. health officials on Tuesday gave the final sign-off to Pfizer's kid-size COVID-19 shot, a milestone that opens a major expansion of the nation's vaccination campaign to children as young as 5. (AP Photo/Susan Walsh)

Biden's social welfare bill could cost more than $4 trillion, budget hawks warn

By Haris Alic - The Washington Times
Rep. Richard Neal, D-Mass., speaks to reporters after the House voted to hold Steve Bannon, a longtime ally and aide to former President Donald Trump, in contempt of Congress after he defied a subpoena from the committee investigating the Jan. 6 Capitol insurrection, Thursday, Oct. 21, 2021, at the Capitol in Washington. (AP Photo/Andrew Harnik)

Liberals disregard cost, moderates' input by reviving pet goals in Biden's bill

By Haris Alic - The Washington Times

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