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Taxes & Budget

Coverage of the national budget and your taxes.

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From left, President Joe Biden, House Speaker Nancy Pelosi of Calif., and Senate Minority Leader Mitch McConnell of Ky., attend a meeting with congressional leaders to discuss legislative priorities for the rest of the year, Tuesday, Nov. 29, 2022, in the Roosevelt Room of the White House in Washington. (AP Photo/Andrew Harnik)

Senate Republicans balk at deal with Democrats to pass a year-end massive spending bill

By Kerry Picket - The Washington Times
The Pentagon is seen from Air Force One as it flies over Washington, March 2, 2022. Years after about 1,900 National Guard and Reserve soldiers were swept up in a recruting bonus scandal, U.S. Army investigators have launched a review saying that some individuals may have been wrongly blamed and punished, The Associated Press has learned. (AP Photo/Patrick Semansky, File)

Senate confirms Pentagon inspector general as funding for Ukraine increases

By Mike Glenn - The Washington Times
A help wanted sign is displayed in a storefront, Tuesday, Nov. 1, 2022, in Bedford, N.Y. The U.S. job market remains healthy, Thursday, Nov. 17, as fewer Americans applied for unemployment benefits last week, despite the Federal Reserve’s rapid interest rate hikes this year intended to bring down inflation and tighten the labor market. (AP Photo/Julia Nikhinson, File)

19,000 millionaires collected unemployment during the pandemic

By Stephen Dinan - The Washington Times
Virginia Gov. Glenn Youngkin speaks to supporters as he attends a campaign rally on Monday, Oct. 31, 2022, in Westchester, N.Y. (AP Photo/Eduardo Munoz Alvarez)

Virginia governor aims for tax cuts in next budget plan while navigating potential recession

By Mica Soellner - The Washington Times
Former President Donald Trump speaks at Mar-a-Lago Friday, Nov. 18, 2022 in Palm Beach, Fla. Earlier in the day Attorney General Merrick Garland named a special counsel to oversee the Justice Department's investigation into the presence of classified documents at Trump's Florida estate and aspects of a separate probe involving the Jan. 6, 2021, insurrection and efforts to undo the 2020 election. (AP Photo/Rebecca Blackwell)

Supreme Court rejects Trump's request to shield tax returns from House Democrats

By Jeff Mordock - The Washington Times
Trump Organization's former Chief Financial Officer Allen Weisselberg, left, arrives to the courtroom in New York, Thursday, Nov. 17, 2022. (AP Photo/Yuki Iwamura)

Prosecution rests in Trump Organization's tax fraud case

By Michael R. Sisak - Associated Press
Trump Organization's former Chief Financial Officer Allen Weisselberg arrives to the courtroom in New York, Thursday, Nov. 17, 2022. (AP Photo/Yuki Iwamura)

Trump Org.'s longtime CFO chokes up, says he betrayed trust

By Michael R. Sisak - Associated Press
Trump Organization senior vice president and controller Jeffrey McConney returns to the courthouse after a break in the company's trial on Nov. 1, 2022, in New York. On Thursday, Nov. 10, 2022, McConney admitted to breaking the law to help fellow Trump Organization executives avoid taxes on company-paid apartments and other perks, including by preparing misleading tax returns and failing to report the benefits to tax authorities. (AP Photo/Seth Wenig, File)

Trump exec says he feared firing if he spoke up about tax scheme

By Michael R. Sisak - Associated Press
The Treasury Building is viewed in Washington, May 4, 2021. (AP Photo/Patrick Semansky, File)

Federal government sets record for October tax collections; spending spigot still flowing

By Tom Howell Jr. - The Washington Times
Trump Organization senior vice president and controller Jeffrey McConney returns to the courthouse after a break in the company's trial on Nov. 1, 2022, in New York. On Thursday, Nov. 10, 2022, McConney admitted to breaking the law to help fellow Trump Organization executives avoid taxes on company-paid apartments and other perks, including by preparing misleading tax returns and failing to report the benefits to tax authorities. (AP Photo/Seth Wenig, File)

Trump Org. executive says he helped colleagues dodge taxes

By Michael R. Sisak - Associated Press
Then-acting IRS Commissioner Danny Werfel prepares to testify on Capitol Hill in Washington, June 27, 2013, before the House Ways and Means Committee hearing. President Joe Biden has nominated a new commissioner to navigate the IRS through a massive funding boost as the tax collector's current leader ends his term this week. Werfel, who currently leads Boston Consulting Groups global public sector practice, was nominated Thursday, Nov. 10, 2022, to serve as commissioner of the Internal Revenue Service. (AP Photo/J. Scott Applewhite, File)

Biden nominates veteran Democratic tax man to lead beefed-up IRS

By Jeff Mordock - The Washington Times
President Joe Biden speaks during a rally for Maryland Democratic gubernatorial candidate Wes Moore at Bowie State University in Bowie, Md., Monday, Nov. 7, 2022. (AP Photo/Julio Cortez)

Biden costs taxpayers $309B with reversal of Trump deregulation agenda, analysts say

By Jeff Mordock - The Washington Times
The entrance to the Labor Department is seen near the Capitol in Washington. Unemployment fraud in the U.S. has reached dramatic levels during the pandemic: more than $63 billion has been paid out improperly through fraud or errors since March 2020. Criminals are seizing on the opportunity created by the pandemic and are making false claims using stolen information. (AP Photo/J. Scott Applewhite, File)

'Unacceptable': Republicans blast Biden efforts to recover stolen pandemic unemployment cash

By Stephen Dinan - The Washington Times
In this file photo, a group of migrant families walk from the Rio Grande, the river separating the U.S. and Mexico in Texas, near McAllen, Texas, March 14, 2019. The number of illegal immigrants nabbed at the southern border rose in February 2022 as single adult Mexicans poured into the country at their highest rate in years, according to new Homeland Security data released Tuesday. (AP Photo/Eric Gay, File) **FILE**

Feds paid for room service, laundry and babysitters for illegal immigrants kept at hotels

By Stephen Dinan - The Washington Times
This March 22, 2013, file photo, shows the exterior of the Internal Revenue Service building in Washington. (AP Photo/Susan Walsh, File)

Congress' grab for Trump tax returns previews new era of weaponized IRS

By Jeff Mordock - The Washington Times
The exterior of the Internal Revenue Service (IRS) building in Washington on March 22, 2013. The IRS said Thursday, Oct. 27, 2022, that it has hired an additional 4,000 customer service representatives who are being trained to answer taxpayer questions during the 2023 tax filing season. (AP Photo/Susan Walsh, File)

Supreme Court weighs foreign account fines

By Alex Swoyer - The Washington Times
Former President Donald Trump pauses while speaking at a rally at the Minden Tahoe Airport in Minden, Nev., on Oct. 8, 2022. (AP Photo/José Luis Villegas, Pool) **FILE**

Supreme Court halts disclosure of Trump's tax returns

By Alex Swoyer and Jeff Mordock - The Washington Times
The exterior of the Internal Revenue Service (IRS) building in Washington on March 22, 2013. The IRS said Thursday, Oct. 27, 2022, that it has hired an additional 4,000 customer service representatives who are being trained to answer taxpayer questions during the 2023 tax filing season. (AP Photo/Susan Walsh, File)

More households earn enough money to pay federal income tax

By Tom Howell Jr. - The Washington Times
Treasury Secretary Janet Yellen speaks about challenges facing the global economy at the Center for Global Development, Thursday, Oct. 6, 2022, in Washington. (AP Photo/Patrick Semansky)

Republicans demand Treasury Secretary Janet Yellen preserve documents on global tax proposal

By Jeff Mordock - The Washington Times
A portion of the 1040 U.S. Individual Income Tax Return form is shown on July 24, 2018, in New York. Taxpayers will get fatter standard deductions for 2023 and all seven federal income tax bracket levels will be revised upward as the government allows people to shield more of their money from taxation because of persistently high inflation. For couples who file jointly for tax year 2023, the standard deduction increases to $27,700 up $1,800 from tax year 2022, the IRS announced. (AP Photo/Mark Lennihan, File)

IRS: Growing gap between US income taxes owed and paid

By Fatima Hussein - Associated Press

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