Biden Releases New Budget
April 1, 2022On Monday, the White House released its budget proposal for FY 2023 which includes a section on expanding opportunities for workers and small businesses and also repeals the Trump tax cuts.
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Lawmakers Push Broad Funding Package
March 9, 2022The House has released a long-term funding bill with the goal of passing it today, sending it next to the Senate and finally the White House by Friday.
READ MORE House Passes Stopgap Funding Bill
February 9, 2022The House voted on Tuesday to pass a stopgap spending bill to fund the government through March 11, extending the current Feb. 18 deadline.
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Short Timeline on Spending Bills
February 2, 2022Lawmakers are facing a deadline of Feb. 18 when the current spending authorization expires, yet major obstacles remain to reaching consensus on topline spending levels.
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Tax Season Looms Large
February 2, 2022Anticipation of a fraught tax season is leading Democrats to consider more funding for the IRS to assist and educate taxpayers.
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Updated ERTC Broadens Tax Credit
January 26, 2022Changes to the Employee Retention Tax Credit (ERTC) have expanded business eligibility beyond its initial scope making nearly all business with fewer than 500 employees eligible for the credit.
READ MORE BBB Vote Delayed, Outlook Unclear
December 22, 2021Sen. Joe Manchin stated over the that he wouldn't support the Build Back Better bill as-is, dashing Democrats' hopes of passing the bill before the Christmas break.
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Lawmakers Reach Deal to Raise Debt Limit
December 9, 2021On Tuesday, the House approved legislation that will pave the way for an increase to the debt ceiling after both sides agreed to an unusual procedure.
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Debt Limit Looms… Again
December 1, 2021Despite last month's patch to increase to the U.S.'s borrowing authority limit, Treasury Secretary Yellen has cautioned that new limit could be reached as soon as Dec. 15.
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