White House's EV tax credit implementation in the spotlight - Roll Call Lawmakers on both sides of the aisle are scrutinizing how the Biden administration handles new incentives for buying electric vehicles. Roll Call · Mar 27, 2023
Lawmakers open to Biden’s call to claw back SVB executive pay - Roll Call Lawmakers from both parties are open to executive compensation clawback legislation after the failure of SVB and Signature Bank. Roll Call · Mar 27, 2023
Doyle McManus: Silicon Valley Bank's collapse may be a blessing in disguise In the brief but spectacular collapse of Silicon Valley Bank, we may just have witnessed the best banking crisis ever. Los Angeles Times · Mar 20, 2023
Debt limit breach would be ‘devastating’ for banks, Yellen says at hearing WASHINGTON — Treasury Secretary Janet L. Yellen told senators on Thursday that the banking system remains sound in the aftermath of Silicon Valley Bank's collapse. But she warned that failure to raise the debt limit in time would be devastating for banks after the turmoil. Tribune News Service · Mar 16, 2023
Yellen: Debt limit breach would be 'devastating' for banks - Roll Call Treasury Secretary Janet L. Yellen told senators on Thursday that the banking system remains sound despite Silicon Valley Bank's collapse. Roll Call · Mar 16, 2023
Michael Hiltzik: With demands for a bank bailout, Silicon Valley shows its 'small government' mantra was just a pose For decades, the dominant mantra of Silicon Valley's powerful has been that government is just a drag on their innovative spirit. Get regulators off our backs, they've argued, and we'll improve people's lives to an indescribable degree. Los Angeles Times · Mar 14, 2023
Yellen, House Republicans spar over tax increases, debt limit WASHINGTON — House Republicans slammed the Biden administration’s tax proposals in a hearing with Treasury Secretary Janet L. Yellen on Friday, giving the president’s latest budget request an icy reception. Tribune News Service · Mar 10, 2023
Yellen, House Republicans spar over tax increases, debt limit - Roll Call House Republicans slammed the Biden administration’s tax proposals in a hearing with Treasury Secretary Janet L. Yellen on Friday. Roll Call · Mar 10, 2023
Obscure law contains debt limit escape hatch for Social Security WASHINGTON — It’s a time-worn argument for raising the debt limit: Without increased borrowing authority, Social Security checks would stop flowing. Tribune News Service · Mar 2, 2023
Obscure law contains debt limit escape hatch for Social Security - Roll Call It’s a time-worn argument for raising the debt limit: Without increased borrowing authority, Social Security checks would stop flowing. Roll Call · Mar 2, 2023
Think tank out with new debt limit timing projection WASHINGTON — The government will run out of cash to pay its bills by “summer or early fall” unless Congress lifts the statutory debt limit, the Bipartisan Policy Center estimated Wednesday. Tribune News Service · Feb 22, 2023
Think tank out with new debt limit timing projection - Roll Call The government could run out of cash to pay its bills by “summer or early fall," the Bipartisan Policy Center estimated Wednesday. Roll Call · Feb 22, 2023
Government will hit debt limit as soon as July, CBO says WASHINGTON — The federal government will run out of cash to pay all its bills sometime between July and September unless the statutory debt limit is lifted, the Congressional Budget Office warned Wednesday. Tribune News Service · Feb 15, 2023
CBO: Debt limit to hit as soon as July, budget picture worsens - Roll Call The federal government could run out of cash to pay all its bills sometime between July and September unless the debt limit is lifted. Roll Call · Feb 15, 2023
Los Angeles Times · Jan 19, 2023 Michael Hiltzik: The US economy is again being held hostage to our ridiculous federal debt ceiling The individuals in charge of U.S. fiscal policy are often thought to be among the most sober people in the world, so you may be wondering why we're suddenly hearing ideas such as the minting of a trillion-dollar platinum coin or selling $100 face-value Treasury bonds for $200.
Tribune News Service · Jan 19, 2023 Manchin floats fiscal commissions for debt limit bill WASHINGTON — As President Joe Biden and most congressional Democrats say they won’t negotiate with Republicans on lifting the debt ceiling, at least one party centrist is willing to work across the aisle to get a deal.
Roll Call · Jan 18, 2023 Manchin floats fiscal commissions for debt limit bill - Roll Call The West Virginia centrist senator has a bipartisan proposal to set up expedited votes on trust fund solvency measures.
Roll Call · Jan 17, 2023 Parties dig in for protracted fight over debt ceiling - Roll Call Top House Republicans want to talk to President Joe Biden about the debt ceiling, but Democrats are in no mood to negotiate.
Roll Call · Jan 13, 2023 Yellen warns Treasury could hit debt ceiling as early as June - Roll Call She said Treasury secretary will be forced to deploy “extraordinary measures” to keep from exceeding $31.4 trillion statutory borrowing cap.
Roll Call · Oct 27, 2022 House GOP wants answers on IRS leak - Roll Call House Ways and Means Republicans are renewing pressure on the Biden administration over a leak of taxpayer information to ProPublica.
Tribune News Service · Sep 15, 2022 Yellen defends IRS cash infusion, plugs customer service plans WASHINGTON — The IRS will use part of its new $80 billion influx of cash to fully staff in-person help centers, increase phone and online services and assemble a team of experts to guide the agency’s customer service efforts, Treasury Secretary Janet L. Yellen announced Thursday.
Roll Call · Sep 15, 2022 Yellen defends IRS cash infusion, plugs customer service plans - Roll Call The IRS will use part of its new $80 billion influx of cash to fully staff in-person help centers and increase phone and online services.
Los Angeles Times · Sep 3, 2022 Jackie Calmes: No, Tucker Carlson, armed IRS agents won't be coming for Amercans' money My dad was an armed IRS agent, gun-toting for good reason. He helped bust mob figures across northern Ohio for tax evasion, from Toledo to Youngstown. He died too young (of natural causes), and his public service is among my best memories.
Tribune News Service · Jul 13, 2022 Democratic bill would mandate new IRS free tax-filing program WASHINGTON — Sen. Elizabeth Warren is leading fellow Democrats in renewing a push for the IRS to create its own free tax-filing services and move away from its current private partnership, whose services only a slim portion of taxpayers use.
Roll Call · Jul 13, 2022 Democratic bill would mandate new IRS free tax-filing program - Roll Call Sen. Elizabeth Warren is leading fellow Democrats in renewing a push for the IRS to create its own free tax-filing services.