Erik Wasson

A new round of haggling started, as they worked to fill in details and deal with last-minute attempts to restore priorities that had been left out.

Some House lawmakers raised doubts about the terms of the deal and whether differences could be resolved in the next few days.

Hikes in the top tax rates are off the table, although a “billionaire’s tax” on unrealized capital gains is under discussion.

There is increased momentum for an income tax on $1 billion or more in annual income, or three consecutive years of $100 million or more in income.

The Arizona Democrat — who has opposed raising rates on corporations and individuals — will back ways of increasing revenue from domestic corporations, global companies, high net-worth individuals and through tax enforcement.

They're exploring alternatives after months of focusing on proposals to increase tax rates on income and capital gains.

Congressional Democrats are at odds over President Biden’s economic agenda, even as party leaders aim to have a deal outline by the end of the week.

The spending package could still include a measure to expand or temporarily remove the cap on the deduction on state and local taxes.

The Democratic Senator said there’s little chance that Congress can complete work on President Biden’s economic agenda by the end of the month.

While the immediate threat of a default would recede, the deal would merely delay the fight to December.

The specific tax hikes remain to be detailed, as does any move to suspend or expand a $10,000 SALT cap.

The economic package would raise $2.1 trillion in revenue through measures including tax increases on corporations and the wealthy.

Democrat legislators are attempting to move forward with the next step needed to pass President Biden’s economic agenda.

The fate of President Joe Biden’s economic agenda rests largely on Speaker Nancy Pelosi navigating deep Democratic rifts and the minefield of promises she’s made to keep the party’s moderate and progressive wings moving toward her goal.

The biggest set of U.S. tax increases in a generation took a major step forward on Wednesday.

Lawmakers are seeking to extend the recently expanded tax break through 2025, endorsing a key component of the president’s social safety net plan.

Their package of tax increases falls short of President Joe Biden’s ambition, however.

The Ways and Means Committee voted to approve 12 weeks of paid family leave and a mandate to enroll employees in retirement accounts.

The resolution came after a White House pressure campaign and assurances from Speaker Pelosi helped unite fractious Democrats.

The House Speaker and a group of centrist Democrats will resume talks after hours of negotiations failed to break a stalemate late Monday.