House to vote Wednesday on doomed GOP bill to avert government shutdown
Speaker Mike Johnson's GOP government funding bill will come to the floor, but probably without enough votes. A Sept. 30 shutdown deadline looms.
By Jacob Bogage
Why House Republicans still can’t manage to fund the government
Internal conflicts and a narrow GOP majority make each spending fight a pitched battle up to the shutdown deadline.
By Marianna Sotomayor and Jacob Bogage
U.S. hostages still owe taxes. Congress might not help.
Lawmakers agree that a fix for IRS penalties is needed, but the House and Senate disagree over a separate provision involving nonprofit groups.
By Jacob Bogage and Julie Zauzmer Weil
Trump proposes ending taxes on overtime pay. Economists are skeptical.
Donald Trump said the federal government should do away with taxes on overtime pay, though he provided no details about the cost or implementation.
By Julie Zauzmer Weil
Biden administration releases plans for new minimum tax on large companies
The new minimum tax on large companies by the Biden administration aims to raise $250 billion over the next decade.
By Tony Romm and Julie Zauzmer Weil
Inflation drops to lowest level since Feb. 2021 as Fed plans rate cut
With inflation cooling and worries about the job market spreading, the central bank is expected to announce a long-awaited rate cut next week.
By Rachel Siegel
Johnson delays funding plan as House GOP rebels ahead of shutdown deadline
The GOP speaker pulled a six-month spending bill from the floor. A shutdown deadline is less than three weeks off.
By Jacob Bogage and Marianna Sotomayor
Johnson’s government funding bill advances despite GOP defections
With a narrow majority, the House GOP cleared a procedural test. But Senate Democrats and the White House have already rejected the measure to avert a government shutdown.
By Jacob Bogage and Marianna Sotomayor
Congress returns to deal with looming federal spending deadline
Government funding will expire on Sept. 30. Lawmakers plan to start working on a temporary fix.
By Jacob Bogage and Marianna Sotomayor
The Harris agenda emerges: Populism with a ‘healthy dose of centrism’
Kamala Harris’s new economic policy blends left-leaning populism with centrist tax plans to address business leaders’ concerns.
By Jeff Stein
Even in victory, Harris or Trump could earn a dubious prize: Hostile Congress
With Democrats close to a House majority and Republicans on the verge of claiming the Senate, the next president might not have a political honeymoon.
By Paul Kane
Trump turns to outlandish promises to offset $7 trillion in tax cuts
The former president pushes a sovereign wealth fund, unrealistic promises over a spending commission and exaggerated claims about tax cuts.
By Jeff Stein
Biden preparing to block Nippon Steel purchase of U.S. Steel
President Joe Biden is set to block Nippon Steel’s $14.9 billion acquisition of U.S. Steel, a major industry move.
By David J. Lynch and Jeff Stein
Kamala Harris pitches $50,000 tax benefit in bid to spur start-ups
The vice president’s campaign will detail efforts to boost small businesses to help draw a contrast with former president Donald Trump.
By Jeff Stein
Trump eyes plan that may give Elon Musk role in auditing U.S. agencies
Elon Musk may seek to join Trump’s government efficiency commission, raising concerns about conflicts of interest and federal spending cuts.
By Jeff Stein and Trisha Thadani
Postal Service considers rural mail slowdown after election
Top U.S. Postal Service officials are considering plans to allow slower mail delivery for long-distance and rural service to cut costs.
By Jacob Bogage
Inflation is falling, but the next president could bring it back
Both Kamala Harris and Donald Trump are pushing economic ideas that – whatever their merits – could raise prices on many goods and services, some economists said.
By David J. Lynch
Kamala Harris allies say plan to ban ‘price gouging’ has been misconstrued
Harris’s proposal sparked controversy and backlash from various groups.
By Jeff Stein
Kamala Harris eyes guardrails on plan to eliminate taxes on tips
Kamala Harris's plan to eliminate taxes on tips includes income caps and aims to support service workers.
By Jacob Bogage and Jeff Stein
Kamala Harris’s new economic plan draws Democrats’ praise, GOP’s scorn
Democrats said her proposals, such as addressing “price-gouging” at grocery stores and high prescription drug costs, would address Americans’ daily concerns.
By Dan Diamond and Fenit Nirappil