Jacob Fulton

Some progressives are floating various plans to spread the wealth of the AI boom in the run-up to the midterm elections this fall, with proposals ranging from taxes on AI tokens to an excise tax on the energy used by data centers. But other stakeholders are urging a more cautious approach, and artificial intelligence companies themselves are […]

WASHINGTON — Some progressives are floating various plans to spread the wealth of the AI boom in the run-up to the midterm elections this fall, with

Proposals currently range from a plan to place taxes on AI tokens to an excise tax on the energy used by data centers. Meanwhile, some stakeholders are urging a more cautious approach.

Republican and Democratic tax writers are interested in changing how collegiate and professional athletics are handled in the tax code — but they're in the early stages of discussing what those changes might look like.

WASHINGTON — Republican and Democratic tax writers are interested in changing how collegiate and professional athletics are handled in the tax

Former Rep. Bill Archer, a Texas Republican who spent three terms chairing the powerful House Ways and Means Committee in the 1990s, died Saturday at his farm in Stanley, Va. He was 98. Archer, who came to Congress in 1971, was elected to fill former President George H. W. Bush’s House seat. He got his […]

Senate Budget Committee chair Lindsey Graham, R-S.C., a long-standing foreign policy hawk who became a close ally of President Donald Trump during his final years, has died at 71 “from a brief and sudden illness,” according to his office. Graham, who was first elected to represent South Carolina in the Senate in 2002 and has […]

House Republicans unveiled a fiscal 2027 budget resolution Wednesday that would lay the groundwork for a reconciliation package of up to $95 billion, mostly to finance the Iran war.

WASHINGTON — House Republicans unveiled a fiscal 2027 budget resolution Wednesday that would lay the groundwork for a reconciliation package of up to $95 billion, mostly to finance the Iran war.

WASHINGTON — House Republicans unveiled a fiscal 2027 budget resolution Wednesday that would lay the groundwork for a reconciliation package of up to $95 billion, mostly to finance the Iran