INSIDER
Senate rejects legislation that would expand child tax credit and restore business tax breaks
Read full article: Senate rejects legislation that would expand child tax credit and restore business tax breaksSenators are heading home for the month after failing to advance a bill to expand the child tax credit and restore some business tax breaks.
IRS expects to collect hundreds of billions more in overdue and unpaid taxes thanks to new funding
Read full article: IRS expects to collect hundreds of billions more in overdue and unpaid taxes thanks to new fundingThe IRS says it expects to collect hundreds of billions of dollars more in overdue and unpaid taxes than previously anticipated using funding provided to the agency by the Democrats’ Inflation Reduction Act.
House passes bill to enhance child tax credit, revive key tax breaks for businesses
Read full article: House passes bill to enhance child tax credit, revive key tax breaks for businessesThe House has passed a roughly $79 billion tax cut package expanding the child tax credit for millions of families and restoring three key tax breaks for businesses.
Lawmakers announce bipartisan effort to enhance child tax credit, revive tax breaks for businesses
Read full article: Lawmakers announce bipartisan effort to enhance child tax credit, revive tax breaks for businessesAccording to Senate Majority Leader Chuck Schumer, there are “many things” for both Republicans and Democrats to celebrate in a new bipartisan tax package.
Slowing inflation suggests that Biden's policies are helping, but American voters are still hurting
Read full article: Slowing inflation suggests that Biden's policies are helping, but American voters are still hurtingPresident Joe Biden can make an increasingly strong case that he’s helped fix inflation, if only he can get voters to believe him.
Local governments are spending billions of pandemic relief funds, but some report few specifics
Read full article: Local governments are spending billions of pandemic relief funds, but some report few specificsFederal officials estimate that local governments now have spending plans in place for most of the money they received under a prominent pandemic relief law.
Hunter Biden's guilty plea is on the horizon, and so are a fresh set of challenges
Read full article: Hunter Biden's guilty plea is on the horizon, and so are a fresh set of challengesPresident Joe Biden’s son, Hunter Biden, faced new challenges on the eve of a scheduled court appearance Wednesday in which he’s set to plead guilty in a deal with prosecutors on tax and gun charges.
Top Republicans are gearing up to investigate the Hunter Biden case. Here's what to know.
Read full article: Top Republicans are gearing up to investigate the Hunter Biden case. Here's what to know.The Republicans who lead three key House committees are joining forces to probe the Justice Department’s handling of charges against Hunter Biden after making sweeping claims about misconduct at the agency.
GOP releases testimony of whistleblowers claiming interference in Hunter Biden case
Read full article: GOP releases testimony of whistleblowers claiming interference in Hunter Biden caseHouse Republicans have released testimony from two IRS whistleblowers who allege that the Justice Department interfered with their yearslong investigation into President Joe Biden’s son, Hunter.
Who gets a break? Clashing ideas on tax relief are teed up for the 2024 campaign
Read full article: Who gets a break? Clashing ideas on tax relief are teed up for the 2024 campaignDays after the bipartisan deal on the debt limit became law, House Republicans proposed a slew of tax cuts, leading to charges of hypocrisy by Democrats in a squabble that shows clashing visions for the U.S. economy.
Debt limit deal heads to vote in full House while McCarthy scrambles for GOP approval
Read full article: Debt limit deal heads to vote in full House while McCarthy scrambles for GOP approvalUnder fire from conservatives, House Speaker Kevin McCarthy is hunting for votes from fellow Republicans for the debt ceiling deal.
Philly's slain 'Boy in Box': 66 years later we know his name
Read full article: Philly's slain 'Boy in Box': 66 years later we know his nameNearly 66 years after the battered body of a young boy was found stuffed inside a cardboard box, Philadelphia police have revealed the identity of the victim in the city’s most notorious cold case.
Police search for 5 shooters in high school football ambush
Read full article: Police search for 5 shooters in high school football ambushAuthorities have publicly identified the 14-year-old killed in a shooting that also wounded four other teens as they walked away from a Philadelphia high school athletic field after a football scrimmage, saying they believe he was not the intended target of the shooting.
Gun violence claiming more lives of American teens, children
Read full article: Gun violence claiming more lives of American teens, childrenGun violence is killing an increasing number of American children, from toddlers caught in crossfire to teenagers gunned down in turf wars, drug squabbles or for posting the wrong thing on social media.
Pelosi vows to pass $1T bill, move ahead on larger measure
Read full article: Pelosi vows to pass $1T bill, move ahead on larger measureHouse Speaker Nancy Pelosi has moved a vote on a $1 trillion bipartisan infrastructure bill to later in the week as Democratic leaders shore up support for the measure.