Several of the 2024 budget tax proposals have been part of the president’s domestic agenda wish list dating back to his 2020 campaign.
Savage seeks to replace Rep. Adam Schiff, who is running for the Senate seat held by retiring Sen. Dianne Feinstein.
China’s stocks often see a modest rally after the country’s party congress sessions, but economists and strategists are mixed on what to expect this year.
A bill to revise protections that have shielded TikTok from U.S. sanctions is expected to pass a key House committee on Tuesday.
Treasury will exhaust its emergency measures sometime between July and September unless Congress raises the debt ceiling, the Congressional Budget Office says.
Senate Republicans killed a proposal last year to cap out-of-pocket costs at $35 for people with private insurance.
Biden renewed his call for levying a tax on billionaires, continued his fight against junk fees, cracked down on monopolistic practices and high drug prices.
Debt ceiling woes have led to fierce debate about the future of Social Security and Medicare. But how lawmakers address those programs is up for debate.
With buybacks from Exxon to Chevron to Meta booming, President Biden is facing reality: the 1% tax Democrats passed isn’t working. But he probably knew that.
Key indicators such as unemployment and GDP show robust growth, but inflation is still high and the Fed hiked interest rates eight times in the last year.
Following the graphic footage of Tyre Nichols’ death, members of Congress said they need to pass substantial police reforms.
Biden accepted House Speaker Kevin McCarthy’s invitation to deliver the State of the Union address on Feb. 7.
Treasury Secretary Janet Yellen wrote House Speaker Kevin McCarthy, “It is unlikely that cash and extraordinary measures will be exhausted before early June.”