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House GOP Passes Spending Bill to Avert Government Shutdown
Approval of the bill sent it to the Senate, where Republicans need the cooperation of several Democrats to move it past a filibuster and to passage before a midnight deadline on Friday.The New York Times - 3d -
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Sunday shows preview: House GOP unveils bill to avert shutdown; Trump's tariffs teeter
House Republicans have unveiled a 99-page, six-month stopgap funding bill to avert a government shutdown and increase defense funding while seeking cuts for nondefense programs, which is likely to ...The Hill - 6d -
D.C. Mayor calls out ‘$1.1 billion problem’ in House GOP stopgap plan
Washington, D.C., Mayor Muriel Bowser (D) on Monday sounded alarm over what she described as a "$1.1 billion problem" in a plan rolled out by House Republicans to keep the government funded beyond ...The Hill - 4d -
Live updates: House sends funding bill to Senate; Ontario backs off power surcharge
Republicans in Congress are racing to pass a GOP stopgap funding bill by 11:59 p.m. Friday to avert a government shutdown. The House on Tuesday passed the measure 217-213, sending it to the Senate ...The Hill - 3d -
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 - 3d -
Senate Democrats' impending choice: Shutdown or surrender
House Democrats say they won't vote for the House GOP's spending plan. Democrats across the Capitol aren't so sure.Politico - Mar. 7 -
Schumer to vote for GOP measure to avert government shutdown
The Senate plans to take up a House-passed bill to fund the government through September beginning on Friday, which needs the support of Democrats to move forward.CBS News - 23h -
House's short-term spending bill heads to Senate, passage needed by Friday to avoid shutdown
The GOP stopgap funding bill passed Monday night in the House will now go to the Senate where Republicans will need Democratic support to pass it into law and avert a government shutdown. CBS News ...CBS News - 2d -
Vice President JD Vance urges GOP to fall in line as shutdown looms
House Republicans are slated to vote Tuesday on their spending bill that would fund the government at current levels through September 2025.ABC News - 3d -
Schumer says Democrats will block GOP funding bill, raising shutdown alert
Minority Leader Chuck Schumer said Wednesday that Senate Democrats will not provide the votes to pass the House-approved deal to fund the government.ABC News - 1d -
The state and local tax deduction could change amid Trump's tax cuts debate. Here's what to know
The state and local tax deduction could change in 2025 as lawmakers debate Trump's tax cuts. Here's what to know.CNBC - 2d -
Senate Democrats say they will reject GOP's funding bill as shutdown draws near
After meeting with his conference, the Senate minority leader said "Republicans do not have the votes" to advance the House-approved measure, which requires 60 to pass.NBC News - 2d -
From troublemakers to team players: House Freedom Caucus softens as Trump transforms GOP
The band of far-right rebels supported a budget plan with a massive debt limit hike and a status-quo bill to keep the government open, two things they've long been fiercely against.NBC News - 2d -
State and local tax deduction could change amid Trump's tax cuts debate. Here's what to know.
As lawmakers debate President Donald Trump’s tax cuts, a key deduction could become a sticking point in 2025 tax negotiations, policy experts say.NBC News - 1d -
GOP lawmaker abruptly ends hearing after misgendering Democratic representative
A House subcommittee hearing on Tuesday was abruptly adjourned by Rep. Keith Self (R-Texas) after he misgendered Rep. Sarah McBride (D-Delaware). See the moment.CBS News - 2d -
Burn pit fund for veterans on chopping block in GOP spending bill
Democratic lawmakers and veterans’ groups are fuming over a provision in a stopgap federal spending bill passed by House Republicans this week that would cut a Department of Veteran Affairs fund ...The Hill - 22h -
Protecting yourself from tax identity theft
Karla Dennis is an enrolled tax agent with KDA Incorporated, a tax strategy business. She joined CBS News to discuss how to protect yourself from someone stealing your identity and filing a tax ...CBS News - 3d -
Behind Ontario's tax on electricity for the U.S.
Canada's Ontario province is charging a 25% tax on electricity sent to the U.S. as retaliation over President Trump's tariffs. CBS News' Shanelle Kaul spoke to Ontario's energy minister, Stephen ...CBS News - 4d -
How the Tax Bill Could Impact Your Wallet
Brackets may change. The standard deduction could fall. And President Trump will probably not remove taxes on Social Security income.The New York Times - 4d -
How to calculate your Social Security tax obligations
Wondering what you'll pay in taxes on your Social Security benefits? Here's how to do the math.CBS News - 3d -
GOP lawmaker on Ontario electricity surcharge: 'It's only going to help Trump'
House Majority Whip Tom Emmer (R-Minn.) said Monday that Ontario’s 25-percent surcharge on electricity exports to his state — announced in response to President Trump’s tariffs on Canada — will ...The Hill - 4d -
How the IRS can crack down on ghost tax return preparers
Indeed, thousands of tax return preparers systematically subvert the tax return filing process, rob the Treasury of revenue and undermine taxpayers’ faith in the system.The Hill - 6d -
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 - 17h -
Top budget Democrat: GOP spending bill hands ‘a blank check to Elon Musk’
Rep. Rosa DeLauro (D-Conn.), the top Democrat on the House Appropriations Committee, slammed the new House Republicans’ six-month stopgap funding bill, claiming it is a “blank check” for tech ...The Hill - 6d -
$1 billion in unclaimed tax refunds to expire soon: How to claim your money
The IRS warns that an estimated $1 billion in tax refunds from the 2021 tax year may become the property of the U.S. Treasury if over 1.1 million Americans do not file their tax returns by April ...The Hill - 3d -
'Wealthy tax dodgers' could benefit from IRS layoffs, Democrats warn
Democrats says "wealthy tax dodgers" could see less IRS scrutiny amid agency layoffs. Here's what to know.CNBC - 3d -
5 smart tax moves seniors should make before April 15
Seniors who want to ease the stress and expenses that come with tax season should make these moves now.CBS News - 1d -
Rep. Brian Fitzpatrick says "it remains to be seen" if GOP can pass bill to avoid shutdown
Democratic Rep. Tom Suozzi, who is one of the bipartisan co-chairs of the House Problem Solvers Caucus, tells "Face the Nation with Margaret Brennan" that he will be voting against the continuing ...CBS News - 5d -
Senate Democrats leery of blocking GOP bill fear shutdown politics have changed
Senate Democrats are leery of blocking a House Republican-drafted six-month government funding bill, fearing that a government shutdown may backfire on them politically by giving Elon Musk and the ...The Hill - 4d -
Schumer says he'll vote for GOP funding bill, other Democrats criticize plan
Senate Minority Leader Chuck Schumer says he'll vote in favor of House Republicans' stopgap funding bill as Congress barrels toward the deadline to avert a government shutdown. Siobhan Hughes, ...CBS News - 1d -
Schumer says he will vote to advance GOP spending bill, lowering threat of shutdown
Senate Democratic Leader Chuck Schumer (N.Y.) announced on the Senate floor Thursday that he plans to vote to advance a House-passed six-month government funding bill, despite the strong opposition ...The Hill - 1d -
Congress averts a shutdown — but Democratic divisions ensue: 5 takeaways
The Senate approved a House GOP-crafted spending bill hours before the shutdown deadline Friday evening, capping off the first funding fight of President Trump’s second term — a saga that ripped ...The Hill - 12h -
'Wealthy tax dodgers' could benefit from IRS layoffs, Democrats warn
As the IRS faces mass layoffs, Congressional Democrats warn those staffing cuts could undermine the agency’s progress in collecting unpaid funds from “wealthy tax dodgers.”NBC News - 3d -
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 - 2d -
Dr. Mehmet Oz may have underpaid Medicare and Social Security taxes, Senate Democratic memo finds
Dr. Mehmet Oz, President Donald Trump’s nominee to oversee the Center for Medicare and Medicare Services, may have “significantly” underpaid Medicare and Social Security taxes.NBC News - 1d -
Military families have special tax breaks — but the rules can be tricky, experts say
Many members of the U.S. military qualify for special tax breaks that aren't available to other Americans. Here's what to know about eligibility.CNBC - 21h