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Taxes & Budget

Coverage of the national budget and your taxes.

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President Donald Trump walk towards the podium to begin speaking during a news conference at the White House, Sunday, Sept. 27, 2020, in Washington. (AP Photo/Carolyn Kaster)

'Total fake': Trump rips report claiming he paid $750 in federal income tax

This Sunday, April 5, 2020, file photo shows an envelope containing a 2020 census letter mailed to a U.S. resident in Detroit. (AP Photo/Paul Sancya, File)

Judge says 2020 census must continue for another month

In this July 18, 2020, file photo a closed sign hangs in the window of a barbershop in Burbank, Calif. (AP Photo/Marcio Jose Sanchez, File)

Jobless claims at 870,000 as fraud and backlogs cloud data

House Speaker Nancy Pelosi of Calif., speaks during a news conference on Capitol Hill, Friday, Sept. 18, 2020, in Washington. (AP Photo/Manuel Balce Ceneta)

Pelosi, Republicans reach deal on emergency stop-gap government funding bill

House Speaker Nancy Pelosi of Calif., speaks during a news conference on Capitol Hill, Friday, Sept. 18, 2020, in Washington. (AP Photo/Manuel Balce Ceneta)

Bipartisan group urges lawmakers to stay on Capitol Hill until House passes new COVID-19 relief

Congressional Budget Office: Federal debt nears 'unsustainable' levels

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

House Democrats roll out stopgap government funding bill to avoid shutdown

President Donald Trump speaks during a news conference at the White House, Wednesday, Sept. 16, 2020, in Washington. (AP Photo/Evan Vucci)

Trump campaign touts economy as 'defining issue,' says Biden would kill recovery

In this Aug. 6, 2020, file photo, a customer leaves a Pier 1 retail store, which is going out of business, during the coronavirus pandemic in Coral Gables, Fla. (AP Photo/Lynne Sladky, File)

COVID-19 danger continues to drive joblessness in U.S.

Chief of Staff Mark Meadows listens as President Donald Trump speaks in the Oval Office of the White House on Friday, Sept. 11, 2020, in Washington. (AP Photo/Andrew Harnik)

Mark Meadows says he's 'encouraged' by bipartisan Problem Solvers coronavirus relief proposal

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

House Democrats dismiss bipartisan caucus' coronavirus relief package

House Speaker Nancy Pelosi of Calif., walks to her office, Monday, Sept. 14, 2020, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)

House Democrats to stay in session until coronavirus relief deal reached

President Donald Trump reacts to the crowd as he speaks at a rally at Xtreme Manufacturing, Sunday, Sept. 13, 2020, in Henderson, Nev. (AP Photo/Andrew Harnik)

In Trump they trust: Economy keeps president competitive in swing states

This July 24, 2018, file photo shows a portion of the 1040 U.S. Individual Income Tax Return form. The IRS began accepting and processing tax returns for individuals on Monday, Jan. 27, 2020. (AP Photo/Mark Lennihan, File)

IRS doesn't alert kids whose identities are stolen for work purposes: Audit

This Sunday, April 5, 2020, file photo shows an envelope containing a 2020 census letter mailed to a U.S. resident in Detroit. (AP Photo/Paul Sancya, File)

Federal judges block Trump's exclusion of illegal immigrants in Census count

Speaker of the House Nancy Pelosi, D-Calif., holds a booklet she got from attending an event to honor the victims of 9/11 as she speaks during a news conference at the Capitol in Washington, Thursday, Sept. 10, 2020. (AP Photo/Jacquelyn Martin)

Nancy Pelosi: No coronavirus aid in government spending bill

Senate Majority Leader Mitch McConnell of Ky., speaks after meeting with Senate Republicans, Wednesday, Sept. 9, 2020, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)

McConnell accuses Democrats of intentionally holding out on coronavirus relief until after election

Sen. Ted Cruz, R-Texas, speaks during a town hall meeting with Republican U.S. Senate candidate Dr. Manny Sethi at Music City Baptist Church in Mt. Juliet, Tenn., Friday, July 24, 2020. (Andrew Nelles/The Tennessean via AP) ** FILE **

Sen. Ted Cruz doubts Congress will pass new coronavirus relief before election

Democratic presidential candidate former Vice President Joe Biden greets people gathered as he leaves a backyard meeting in Lancaster, Pa., Monday, Sept. 7, 2020. (AP Photo/Carolyn Kaster)

Joe Biden proposes new offshoring tax penalty

Senate Majority Leader Mitch McConnell of Ky., center, walks to his office from the Senate floor, Tuesday, Sept. 8, 2020, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)

Senate Republicans propose $500 billion coronavirus relief bill

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

Senate Republicans propose their COVID-19 relief package

In this July 27, 2020, file photo Senate Majority Leader Mitch McConnell of Ky., speaks during a news conference on Capitol Hill in Washington. (AP Photo/Susan Walsh, File)

Senate Republicans to vote on skinny COVID-19 relief bill this week

President Donald Trump speaks during a news conference on the North Portico of the White House, Monday, Sept. 7, 2020, in Washington. (AP Photo/Patrick Semansky)

Trump: Schumer, Pelosi don't want a new stimulus deal

House Speaker Nancy Pelosi gestures while speaking about her visit to a hair salon during a news conference at the Mission Education Center Elementary School Wednesday, Sept. 2, 2020, in San Francisco. Pelosi said she takes responsibility for trusting the word of a San Francisco hair salon she's visited over the years when it told her it was OK to come in for a solo visit this week, even though the city still does not allow indoor beauty services. (AP Photo/Eric Risberg)

Trump's executive order on pandemic aid fills gap on Capitol Hill, hushes Democrats

Former Olympic diver Sammy Lee, with co-workers at the hospital in Seoul, Korea, read the news of his award in the Stars and Stripes, Dec. 1953. From left: Cpl. Homer R. Banham of Paris, Mo.; Lee; and Capt. Jules A Howell of Winston-Salem, N.C. (AP Photo/George Sweers) ** FILE **

Stars and Stripes still faces hurdle in Congress after Trump's reprieve

President Donald Trump speaks during a news conference in the James Brady Press Briefing Room at the White House, Friday, Sept. 4, 2020, in Washington. (AP Photo/Evan Vucci)

Trump calls on Democrats to free up $300 billion in unspent stimulus money for checks to Americans

In this Sept. 2, 2020, file photo, a help wanted sign hangs on the door of a Target store in Uniontown, Pa. The government issues the jobs report Friday, Sept. 4, for August at a time of continuing layoffs and high unemployment. (AP Photo/Gene J. Puskar, File)

Unemployment rate fell to 8.4% in August; nearly 1.4M jobs added

Senate Minority Leader Sen. Chuck Schumer of N.Y., speaks to reporters on Capitol Hill in Washington, Monday, Aug. 3, 2020. Schumer and House Speaker Nancy Pelosi of Calif., met earlier with Treasury Secretary Steven Mnuchin and White House Chief of Staff Mark Meadows as they continued to negotiate a coronavirus relief package. (AP Photo/Susan Walsh) **FILE**

Schumer raps talk of 'skinny' GOP coronavirus bill: 'Now moving even further in the wrong direction'

A flag flies over a department of corrections building ablaze during protests, late Monday, Aug. 24, 2020, in Kenosha, Wis., sparked by the shooting of Jacob Blake by a Kenosha Police officer a day earlier. (AP Photo/Morry Gash)

Trump orders funding to 'anarchist jurisdictions' slashed

In this Dec. 9, 2019, photo, mist rolls over the U.S. Capitol dome on Capitol Hill in Washington. (AP Photo/Patrick Semansky) **FILE**

CBO sees record-shattering spending, debt

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