Politics Mar 11 WATCH: Biden talks about lowering costs for families during New Hampshire campaign stop President Joe Biden on Monday released a budget proposal aimed at getting voters' attention: It would offer tax breaks for families, lower health care costs, smaller deficits and higher taxes on the wealthy and corporations.
Politics Mar 06 Betty Ford forever postage stamp is unveiled at the White House Ford, who died in 2011, was an advocate for women's health and breast cancer awareness — having undergone breast cancer surgery in 1974.
World Feb 27 Yellen urges world leaders to redirect frozen Russian Central Bank assets for Ukraine reconstruction Treasury Secretary Janet Yellen on Tuesday offered her strongest public support yet for the idea of liquidating roughly $300 billion and using them for Ukraine.
World Feb 23 Russia hit with new sanctions for the Ukraine war’s 2nd anniversary and Navalny’s death The U.S. Treasury, State Department and Commerce Department plan Friday to impose roughly 600 new sanctions on Russia and its war machine in the largest single tranche of penalties since Russia’s invasion of Ukraine on Feb. 24, 2022.
Economy Feb 21 IRS to pursue business private jet usage in new round of audits on wealthy taxpayers First, there were trackers on Taylor Swift and other celebrities' private jet usage. Now, there will be more scrutiny on executives' personal use of business aircraft who write it off as a tax expense.
World Feb 20 White House promises ‘major sanctions’ on Russia in response to Alexei Navalny’s death The White House says it is preparing additional "major sanctions" on Russia in response to opposition leader Alexei Navalny's death in an Arctic penal colony.
Economy Feb 06 IRS expects to collect hundreds of billions more in unpaid taxes thanks to new funding The report says tax revenues are expected to increase by as much as $561 billion from 2024 to 2034, which is substantially more than previous estimates.
World Jan 30 U.S. considering more measures against Venezuelan President Maduro after pulling some sanctions relief The U.S. is considering additional measures against Venezuelan President Nicolás Maduro's government after the South American country's highest court blocked the presidential candidacy of an opposition leader.
Politics Jan 29 The IRS is launching a direct file pilot program for the 2024 tax season — here is how it will work The Direct File pilot program is set to be rolled out in phases. First, select government employees are being invited to participate. It will expand to certain other taxpayers in February and March.
Politics Jan 25 WATCH: Yellen delivers remarks in Chicago on U.S. economic growth and investments Treasury Secretary Janet Yellen is visiting the Midwest this week to make a case for the Biden administration's economic agenda and offer a reminder about the Trump administration tax cuts, which she says added to the deficit and did little to promote…