Latest in Republicans in Congress weigh tax increase for top university endowments
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Republicans in Congress weigh tax increase for top university endowments
Elite US schools including Harvard, Stanford and Princeton could see levies on investment gains raised as high as 21%Financial Times - 1d -
21 House Republicans ask leadership to limit changes to energy tax credits in reconciliation
A group of 21 House Republicans is asking a key committee to limit changes to energy tax credits passed under Democrats as the GOP seeks to overhaul the U.S. tax code. In a new letter dated ...The Hill - 6d -
Should I pay off my tax debt before my credit card debt? Experts weigh in
Focusing on tax debt first can be a smart move, experts say, but that won't be the case for everyone.CBS News - 4d -
Republican Refers to Sarah McBride, Transgender Congress Member, as a Man
Representative Keith Self of Texas insisted on calling Representative Sarah McBride, the first openly transgender member of Congress, “Mr. McBride,” and adjourned the session when challenged about it.The New York Times - 4d -
HMRC probes into unpaid capital gains tax trebled in 2023-24
UK tax agency is under growing pressure from government to increase revenue by improving complianceFinancial Times - 11h -
The looming budget question: Will Medicaid cuts fund tax cuts?
Republicans should focus tax cuts on middle-income and lower-income households that would provide greater support to the economy than tax cuts for the wealthy.The Hill - 1d -
GOP-led Congress races to avert government shutdown ahead of Friday deadline
The path to averting a government shutdown at the end of the week remains murky in the Republican-controlled Congress.NBC News - 5d -
Under G.O.P., Congress Cedes Power to Trump, Eroding Its Influence
On spending, oversight and other issues, Republican lawmakers have willingly ceded power traditionally reserved for Congress to the Trump White House.The New York Times - 2d -
In rural Louisiana, Speaker Mike Johnson’s constituents fear potential Medicaid cuts
In House Speaker Mike Johnson’s backyard, many residents rely on anti-poverty programs to help make ends meet — and are pleading with the Louisiana Republican to protect those benefits as Congress ...NBC News - 3d -
Fetterman weighs in on GOP-led continuing resolution to fund government
Pennsylvania Democratic Sen. John Fetterman weighed in on the Republican-led continuing resolution to keep the government funded, saying he is unwilling to vote to allow a government shutdown. CBS ...CBS News - 2d -
Senate Republicans tell Musk to send his cuts to Congress
The DOGE chief was told that legislative action could enshrine his slashing.Politico - Mar. 5 -
U.S. farmers react to China's retaliatory tariff increase
China slapped an additional 15% import tax on American farm products, including pork, poultry, beef and soybeans. Lana Zak reports from Mount Vernon, Iowa. Then, Ed O'Keefe has the latest on ...CBS News - 5d -
These tax cuts and benefits could help caregivers in crisis — can they get through Congress?
The financial burden of caring for ailing loved ones could be eased through two bipartisan legislative proposals introduced this week.MarketWatch - 2d -
House Republicans unveil spending plan with government shutdown deadline set for Friday
Republicans in the House released a stopgap spending plan over the weekend that would delay a government shutdown for at least six months, but it's unclear if they have the votes to pass the ...CBS News - 6d -
Democrats react to Schumer supporting Republican push to avoid a government shutdown
Democratic lawmakers are reacting to Senate Minority Leader Chuck Schumer planning to vote to keep the government funded through a continuing resolution presented by Republicans in Congress. CBS ...CBS News - 1d -
Trump signs spending bill that united Republicans but divided Democrats
President Trump signed Congress' bill to keep the government open on Saturday. The vote for the six-month spending bill united Republicans but left Democrats bitterly divided. Willie James Inman ...CBS News - 15h -
Threshold for filing ‘side hustle’ tax return to rise to £3,000 in UK
Cash earnings to increase from current level of £1,000 in boost to people who sell goods onlineFinancial Times - 5d -
Al Green censure highlights increased appetite for retribution in House
A formal House reprimand didn't contain the fallout from Rep. Al Green (D-Texas) interrupting President Trump’s speech to Congress, showing how petty fights and demands for retribution have become ...The Hill - Mar. 8 -
‘Be careful about this’: Warnings abound as GOP considers writing off tax cuts
Republicans will discuss the accounting maneuver with President Donald Trump on Thursday.Politico - 3d -
‘Not quite yet beautiful’: Republicans at odds over spending cuts after meeting Trump
Senate Republicans aren’t seeing eye to eye with their colleagues in the House over places to cut spending in order to pay for their extension of the 2017 Trump tax cuts. GOP members of the Senate ...The Hill - 1d -
Shutdown fears grow as House Republicans battle over funding bill
House Speaker Mike Johnson is set to hold a vote on a GOP spending proposal, but opposition from both parties puts its passage in doubt. With Democrats vowing to vote against it and some ...CBS News - 5d -
McBride: 'I appear to live rent-free in the minds' of Republicans
Rep. Sarah McBride (D-Del.), the first transgender person elected to Congress, is bashing Republicans for focusing on her gender instead of issues that affect the American public at large. “I ...The Hill - 3d -
GOP senator weighs in on Trump’s 1798 immigration law, judge’s attempt to block it
Republican Sen. Mike Rounds (S.D.) appeared on CNN Sunday, where he spoke about President Trump’s decision to invoke a 1798 immigration law and a federal judge’s attempt to block it. On Saturday, ...The Hill - 1h -
House GOP seeks spending cuts, defense increases in plan to avert shutdown
House Republicans on Saturday unveiled a six-month stopgap government funding plan, that seeks cuts to nondefense programs while boosting funding for defense. The bill's rollout kicks off a crucial ...The Hill - Mar. 8 -
Trump pushes out National Endowment for the Humanities chair, official says
President Trump directed National Endowment for the Humanities (NEH) Chair Shelly Lowe to step down from her role, which she has now done, an agency spokesperson confirmed Thursday morning. The ...The Hill - 3d -
Beware America’s fake fiscal conservatives
Republicans are indulging in budgetary chicanery in order to preserve Trump’s tax cutsFinancial Times - 3d -
Top Senate Democrat to back Republican bill to avert shutdown
Chuck Schumer warns that failure to pass measure will open door to Trump power grabFinancial Times - 2d -
D.C. parents protest Congress' funding bill over a $1B cut to the city's budget
Parents are mobilizing to persuade senators to reject a Republican funding bill because it would deal a blow to the D.C. city budget.NBC News - 2d -
Republicans want to repeal Biden’s climate legacy. Good luck with that.
President Trump has used funding pauses and Elon Musk's Department of Government Efficiency to target climate initiatives by the federal government, but will need the help of Congress to repeal the ...The Hill - 3d -
Immigrant detention centers are at capacity, Trump admin officials say
The Department of Homeland Security is working with several agencies to increase bed space as they ask Congress for more funding.NBC News - 3d -
Judge hears arguments on if Mahmoud Khalil should remain detained in Louisiana
A federal judge will weigh the challenge to the arrest and detention of Columbia University graduate Mahmoud Khalil, who is a green card holder.NBC News - 4d -
Republican adjourns hearing after blowup over McBride introduction
A House Foreign Affairs subcommittee hearing ended abruptly Tuesday after Rep. Keith Self (R-Texas) referred to Rep. Sarah McBride (D-Del.), the first transgender person elected to Congress, as ...The Hill - 4d -
House Republican adjourns hearing after exchange over misgendering Rep. Sarah McBride
Rep. Keith Self, R-Texas, recognized McBride, D-Del., to speak and misgendered her in the process. McBride is the first openly trans member of Congress.NBC News - 4d -
Sunday shows preview: Congress avoids government shutdown; Trump tariffs rattle economy
Republicans scored a major win on Friday as the Senate approved the House-GOP crafted spending bill, largely authored without input from Democrats. The new piece of legislation boosts defense ...The Hill - 18h -
Top House Democrats press Senate colleagues to sink GOP spending bill
The top House Democrats are pressing their fellow party members in the Senate to kill the Republicans’ spending bill when it reaches the upper chamber, saying the proposal will hurt Americans ...The Hill - 4d -
Senators to question top Army official on National Airport crash
Two Republican senators are set to question a top U.S. Army official and examine the preliminary findings of the National Transportation Safety Board’s (NTSB) report into the deadly place crash in ...The Hill - 4d -
Dark economic clouds loom over Trump and the GOP: From the Politics Desk
President Donald Trump’s economic approach is putting members of his administration and Republicans in Congress on the defensive as the stock market continues to struggleNBC News - 2d -
The Congress Issue
Senate Majority Leader John Thune arrived at the apex of power just as President Donald Trump is exerting his own executive authority. Will Thune draw a line?Politico - 1d -
It’s ‘Maganomics’: Trump’s brash economic strategy is likely to end in crash or crisis | Jonathan Portes
Large tax cuts for the rich, import tariffs, and the competing interests of Republican nationalists and the techno-right is a dangerous combination. What connects Donald Trump’s approach to trade, ...The Guardian - 4d