Politics Feb 11 Federal deficits and debt will worsen over next decade, Congressional Budget Office finds Congressional Budget Office projections also indicate that inflation doesn't hit the Federal Reserve’s 2% target rate until 2030.
Politics Feb 05 WATCH: Bessent tells Senate panel it would be president's choice of whether to sue fed chair over interest rates Treasury Secretary Scott Bessent said Thursday it would be “up to the president” to decide whether or not to sue Kevin Warsh, Donald Trump's nominee to lead the Federal Reserve, if he fails to lower interest rates.
Politics Feb 04 WATCH: Treasury Secretary Bessent testifies on U.S. financial stability in House hearing A hearing about oversight of the U.S. financial system devolved into insults several times Wednesday as Treasury Secretary Scott Bessent clashed with Democratic lawmakers over fiscal policy, the business dealings of the Trump family and other issues.
Nation Jan 28 IRS faces challenges in 2026 tax season due to jobs cuts and new laws The IRS has seen a 27% reduction in staff since the start of Trump's second administration. The agency also is dealing with leadership turnover and implementation of new tax laws.
Nation Jan 26 Treasury Department ends Booz Allen Hamilton contracts after leak of Trump's tax returns The Treasury Department has cut contracts with Booz Allen Hamilton after a former contractor leaked tax information about wealthy individuals, including Donald Trump.
Nation Jan 13 Trump labels 3 Muslim Brotherhood branches as terrorist organizations President Donald Trump's administration has made good on its pledge to label three Middle Eastern branches of the Muslim Brotherhood as terrorist organizations, imposing sanctions on them.
Nation Jan 08 You can begin filing your taxes on Jan. 26 this year The IRS will start accepting 2025 tax returns on Jan. 26, marking the official start of the 2026 tax filing season.
Politics Dec 24 U.S. bars five Europeans it says pressured tech firms to censor American viewpoints online Secretary of State Marco Rubio characterized them as "radical" activists and "weaponized" nongovernmental organizations.
Politics Dec 23 Watchdog report finds Medicaid paid more than $207 million for dead people in 1 year Since 2016, HHS' inspector general has conducted 18 audits on a selection of state programs and had identified that Medicaid agencies had improperly made managed care payments on behalf of deceased enrollees totaling approximately $289 million.
World Dec 11 U.S. sanctions 3 of Maduro's nephews as pressure campaign on Venezuela ramps up The U.S. imposed sanctions on three nephews of Venezuelan President Nicolás Maduro, among others, on Thursday as President Donald Trump looks to inflict further pressure on the South American nation.