3729 articles
The president’s proposal is mainly symbolic, to show he cares. https://www.nytimes.com/topic/person/joe-biden
President Joe Biden on Wednesday called on Congress to suspend the federal gas tax. He also encouraged states to also suspend their gas tax. ...
Biden for weeks has been touting his efforts to fight inflation. Now he finds himself delivering an even trickier message — recession is not inevitable....
The president’s idea isn’t a new one. Republicans like Glenn Youngkin and Ron DeSantis got there first....
As fuel prices soar in the U.S., President Biden called on Congress to temporarily lift the federal gas tax — about 18 cents per gallon of gasoline and 24 cents per gallon of diesel — through the end of September....
Many economists say suspending federal taxes on gas will not significantly cut prices for consumers....
During an address from the White House, the president will urge Congress to suspend the federal gas tax for three months. Some senior Democrats have previously opposed the idea....
Prices could drop by about $1 per gallon at the pumps if measures are adopted but experts question effectiveness of gas tax holidaysJoe Biden will call on Congress today to temporarily suspend federal gasoline and diesel taxes in an attempt to quell voter anger at the...
The White House says a gas tax holiday will provide “breathing room” for drivers as inflation has soared to a 40-year high, pushed by fuel prices. ...
Biden will urge Congress Wednesday to suspend the federal gas tax. He is also calling on states to suspend their gas taxes....
We tax cigarettes and sodas because they’re bad for you. We should tax companies that put carcinogens in the environmentAmericans don’t agree on much of anything lately. Except taxes – who doesn’t hate taxes? And also cancer: everyone hates cancer.Maybe hating...
President Biden said he expects to make a decision on the gas tax holiday as soon as this week....
Critics say a pause in the federal gas tax could ultimately make inflation worse, sap transportation funds and reduce gas prices by just a fraction. ...
With regular gasoline around $5 per gallon, suspending the federal gas tax would provide a measure of relief for consumers, but Congress would need to take action....
President Joe Biden also said Monday that he’d met with Larry Summers, who has raised alarms about a potential recession. ...
Energy Secretary Jennifer Granholm says while a federal gas tax holiday would ease pump prices, it also takes funding from infrastructure projects. ...
The Treasury secretary is traveling to Warsaw, Brussels and Bonn, Germany, this week at an uncertain time for the global economy....
Tax reductions and rebates that are being proposed to help people cope could have the unintended effect of pushing prices higher....
The White House has taken an idea proposed by one GOP senator, embraced by no other Republicans, and twisted it into a new policy push to raise taxes on middle-class Americans....
The return of the White House Easter Egg Roll after a two-year hiatus due to the pandemic will provide President Biden with a respite from other issues he faces....
The Biden administration continues to push for $80 billion in new funding for the tax collection agency....
President Joe Biden and first lady Jill Biden paid $150,439 in federal income taxes last year after earning $610,702, tax returns show. ...
The vice-president and her husband reported a gross income of $1.7m while the Bidens made $611,000Kamala Harris and her husband earned more than twice as much as Joe Biden and his wife did last year, according to copies of their income tax returns released on...
President Biden, Vice President Harris and their spouses released tax forms Friday showing they earned incomes and paid tax rates similar to those reported last year....
Tax money goes down the drain when Republicans wage unwinnable wars on the Constitution, the rule of the law and their fellow human beings. ...
The super wealthy often lower their tax burden by investing in assets like pricey artwork and wine. Joe Biden says it’s time for them to pay. ...
GOP lawmakers are claiming Biden will give U.S. taxpayer funds to Iran, but this was always Iran’s money....
President Joe Biden’s $5.8 trillion spending plan aims to cut the deficit, boost military spending and provide more funding for police officers. ...
The commander-in-chief was addressing Americans from the White House after unveiling his $5.8 trillion spending plan for the next fiscal year, which includes policy aims from the dead Build Back Better plan....
Tax on households over $100m aims to ensure wealthiest Americans no longer pay lower rate than teachers and firefightersJoe Biden proposed a new tax on America’s richest households when he unveiled his latest budget on Monday.The Biden administration wants to impose a...
How to convince the Supreme Court that the plan is constitutional? https://www.nytimes.com/topic/person/joe-biden
The new tax would apply to the richest Americans and would target unrealized capital gains....
President Joe Biden’s spending plan for the coming fiscal year will serve as a starting point for negotiations with Congress. ...
Plan includes 20% tax on households worth more than $100mCapitol attack panel expects to hear how militia groups coordinated plansRussia-Ukraine war – follow live updatesSign up to receive First Thing – our daily briefing by emailGood Monday morning, US politics live...
The tax would require that American households worth more than $100 million pay a rate of at least 20 percent on their income as well as unrealized gains in the value of liquid assets like stocks....
President’s ‘tax on richest 700 Americans’ may face opposition from conservative DemocratsJoe Biden is set to announce a tax aimed at US billionaires as part of his 2023 budget plans on Monday in a move that will likely delight many progressives in his party but could...
The former president is appealing a December 2021 decision that saw a Trump-appointed district judge rule that the House Ways and Means Committee could have his tax returns....
The former president already lost his bid to shield the information in a lower court....
The Justice Department inquiry into the business dealings of the president’s son has remained active, with a grand jury seeking information about payments from around the world....
The attorneys stepped down from the case after new Manhattan District Attorney Alvin Bragg expressed doubts over moving forward with a case against Trump, the New York Times reported....
The longtime Trump executive is accused of evading taxes on $1.7 million in pay and benefits, and could face years in prison if found guilty in the Southern District of New York’s criminal probe....
Democrats are looking to revamp their legislative agenda to focus on relief for rising prices before November’s midterm elections while trying to salvage their social policy bill....
The expansion has expired, and a bill to renew it has stalled. Public opinion is favorable but not overwhelmingly so, for several reasons....
A pandemic benefit that many progressives hoped to make permanent has lapsed in a congressional standoff. Researchers say it spared many from poverty....
The monthly payments of up to $300 per child put food on the table, paid bills and even went toward the occasional splurge....
The Farmers-to-Families Food Box Program championed by Ivanka Trump wasted taxpayer dollars, delivered rotten food, and was used for Donald Trump’s political gain, a new report finds....
Press secretary Jen Psaki told reporters the move is under consideration given that President Biden’s larger economic agenda is not likely to pass by the end of the year....
Overnight Tuesday to Wednesday, Trump’s attorneys told the court they would appeal the decision to allow the House Ways and Means Committee to obtain his tax returns....
Trump-appointed judge says ex-president ‘wrong on the law’ in seeking to block Congress but cautions about publication....
The House Ways and Means Committee says it wants Trump’s taxes to see if the Internal Revenue Service is following its policy and auditing every president’s tax returns....
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