President Joe Biden said he wants to reduce student debt, but not the $50,000-per-person cut sought by progressives.
The $2.5 trillion in tax hikes would be in addition to $1.5 trillion proposed in Build Back Better.
The U.S. move will be matched in part by the U.K., which will also announce a ban on Russian oil imports.
Markets are shrugging off the toothless sanctions imposed on Russia by the West.
President Biden issues an executive order designed to streamline Americans' access to government benefits.
The plan could dramatically rewrite tax rules for wealthy Americans and businesses.
Joshua Frost could play a central role in an ongoing review of the $22 trillion Treasury securities market.
The order will prompt the federal government to set new regulations on a range of industries.
But progressives are eager to push legislation without compromise or Republican votes.
Companies that have lots of tax credits and deductions would be required to pay at least 15%.
Please log back in before proceeding.
There was an error logging in. Please try again.
Congrats! You are now logged in. Your exam is being submitted.
