Michael Rainey

Solid economic growth in the wake of the pandemic has strengthened some of the nation's leading social safety net programs, as robust employment

President Biden on Wednesday highlighted his “Investing in America” economic strategy in a visit to the site of a Microsoft data center being

Lawmakers in Washington will need to address some serious fiscal questions next year, not least of which is what to do about Trump-era tax cuts set to expire at the end of 2025.

With many of the 2017 Republican tax cuts set to expire after next year, the White House and Congress are already laying the groundwork for a huge battle over the tax code.

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The House this week is set to take up the $105 billion bill passed by the Senate late on Thursday that would reauthorize the Federal Aviation Administration and the National Transportation Safety Board for another five years.Following the passage of a short-term extension last week, which headed off the potential furlough of more than 3,000 federal employees over the weekend, lawmakers face a new deadline of midnight Friday this week.The bill would make it easier for customers to get refunds fro

Saying he intends to protect American jobs and strategic industries, President Joe Biden on Tuesday announced major increases in tariffs on a range

President Biden is calling for the individual tax cuts signed into law by former President Trump in 2017 to expire as scheduled after next year, but with one major exception: Anyone earning less than $400,000 per year will get to keep those cuts, with the burden of higher taxes falling only on businesses and the wealthy.

President Biden is calling for the individual tax cuts signed into law by former President Trump in 2017 to expire as scheduled after next year, but with one major exception: Anyone earning less than $400,000 per year will get to keep those cuts, with the burden of higher taxes falling only on businesses and the wealthy.The White House has contrasted its position with that of Trump, who, along with many other Republicans, has called for extending the tax cuts for everyone. The Congressional Budg

Lawmakers in the House released a long-awaited $1.5 trillion farm bill on Friday, kicking off an effort to complete one of the few remaining major pieces of legislation left in the current Congress. The bill touches on numerous contentious issues, however, and there is no guarantee it will pass before the end of the year.