Taxes
One year of the One Big Beautiful Bill: Big GOP sales pitch, big Dem resistance
President Trump's One Big Beautiful Bill Act turned 1 year old Saturday, and Republicans are heavily promoting the tax benefits it has delivered to voters in this tough midterm election year.
Trump administration’s $46 billion ‘smart wall’ races ahead on the U.S.-Mexico border
For decades, all that separated the U.S. from Mexico was barbed wire.
House passes bill to recover COVID-era unemployment insurance fraud
A bill to create a federal task force to recover unemployment insurance fraud that occurred during the COVID-19 pandemic has passed the House.
Happy birthday, America! Now, the fight over the bill
Starting with America's centennial in 1876, every 50-year milestone has had financial drama over who pays for the party -- a pattern that continues this year.
Rapper Twista pleads guilty to not paying taxes and faces potential prison time
The Chicago rapper known as Twista has pleaded guilty to five counts of willfully failing to pay his income taxes and faces up to five years in prison.
Trump inspects sites critical to D.C. makeover plan
President Trump spent his Sunday morning touring two sites he's targeted as part of his makeover of the nation's capital.
Trump threatens 100% tax on European imports if countries impose tax on digital services
President Donald Trump on Friday threatened a 100% tax on imports from any country that imposes a tax on digital services from United States companies.
Left-pressured Newsom calls for ‘national billionaires tax’
California Gov. Gavin Newsom is seizing on the Democratic Party's anti-billionaire movement, despite his opposition to a ballot initiative that would tax his state's 200 resident billionaires.
GOP congressional agenda stalled over tactical disagreements on SAVE America Act
President Trump and some of his MAGA allies in the House are ramping up their tactics to advance the GOP's stalled election integrity bill and effectively shutting down Congress in the process.
House probes IRS failure to nab tax dodgers in federal workforce; more than $6 billion owed
More than 571,000 current and retired federal employees owe $6.3 billion in taxes, a delinquency rate that has been increasing steadily despite threatening letters from the IRS.
Pentagon defends F-35 to lawmakers after questions from recent GAO report
The F-35 Lightning II is the Pentagon's most expensive single weapon system at $80 million to $100 million apiece, but analysts say the program hasn't met performance goals while sustainment costs continue to increase.
Teachers unions attack while Democratic governors embrace Trump’s school choice program
Some Democratic governors have signaled plans to join President Trump's federal school choice program, prompting teachers unions to launch a counterattack.
Judge says food stamps can be used to buy candy, soda
A federal judge has ruled that the Trump administration cannot bar the use of food stamps to buy candy and sugary drinks.
Supreme Court sides with Michigan county in a tax foreclosure case
The Supreme Court on Tuesday rejected an effort to change tax foreclosure sales to let homeowners to keep more money when their property is sold to recoup unpaid taxes.
Carlos Mencia pleads not guilty to felony tax charges as lawyers slam ‘absurd show of force’
Comedian Carlos Mencia pleaded not guilty Monday to 12 felony counts of failure to file tax returns with intent to evade taxes, stemming from allegations he failed to report $8.7M in income over six years, as his attorneys blasted prosecutors over what they called an excessive use of force in arresting him.
Congress poised to send major housing package to Trump’s desk
Congress will soon send President Trump bipartisan legislation designed to increase housing supply and lower the costs of homeownership, one of the many affordability challenges Americans are facing.
Tax the rich? California voters will decide in November; other states could follow
The anti-billionaire movement has taken hold in California, where voters provided enough signatures to force a landmark ballot initiative that would levy a one-time, 5% tax on the state's richest residents.
Comedian Carlos Mencia charged with 12 felony tax counts in California
Comedian Carlos Mencia was arrested Thursday at his home in Encino, California, and charged with 12 felony counts of failure to file personal and corporate income tax returns with intent to evade tax after prosecutors alleged he failed to report $8.7M in income over a six-year period.
‘Moral’ mission: Grover Norquist zings wealthy Democrat Ro Khanna on wealth tax
Americans for Tax Reform President Grover Norquist is calling on Rep. Ro Khanna to practice what he preaches on wealth taxes, sending the California Democrat a letter urging him to voluntarily write a check to the federal government equal to 5% of his reported $232.7 million net worth.
11 suspected migrants charged with stealing food stamps, other benefits
Federal authorities announced charges Thursday against 15 people -- including 11 suspected unauthorized immigrants -- who they say stole food stamps and other welfare benefits in Massachusetts.
