Erik Wasson

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Speaker Johnson To Allow Vote On Business, Child Tax Breaks

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Some breaks include tax child tax credits. Others could boost the stocks of some companies.

U.S. Business, Child Tax-Break Bill Faces Hurdles In Congress

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A bill with corporate tax breaks and a child tax credit is still being haggled over.

BlackRock, Other Investment Firms Next Target In House ESG Probe

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House Judiciary Chairman Jim Jordan is working on subpoenas for BlackRock and State Street.

House Passes Israel Aid Tied To IRS Cuts, Triggering Biden Clash

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Aid to Israel, generally agreed upon, is now tangled in partisan tax arguments.

U.S. Government Shutdown's Economic Risks Grow The Longer It Lasts

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A government shutdown would have a cascading economic impact, starting slowly and snowballing over time.

Government Shutdown Nears As Moderates Try To Keep It Short

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Senate Republican and Democratic negotiators are nearing a deal on a short-term spending measure.

Biden Asks Congress For Short-Term Spending To Avert Shutdown

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Congress hasn't yet approved any of the 12 annual spending bills that typically fund the government.

U.S. Government Shutdown Threat Builds In Post-Downgrade Fallout

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Unlike Washington's last fiscal crisis earlier this year, a government shutdown wouldn't risk a US default.

Raising Social Security Full Retirement Age To 69 Eyed By House Conservatives

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The proposal would gradually increase the retirement age to 69 years old by 2033.

Treasury Risks July Payment Default If Lawmakers Fail To Raise Debt Limit, CBO Says

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The Congressional Budget Officer also raised its estimates for the amount the current year's budget will add to debt.

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