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Republicans — who are expected to control the House as of January — want tax breaks for private equity, manufacturers and businesses. For their part, Democrats want to expand the child tax credit.
By Laura Davison and Erik WassonNovember 15 -
Businesses are lobbying hard for Congress to pass a package of tax breaks worth about $100 billion before the end of the year.
By Erik Wasson, Laura Litvan and Billy HouseNovember 14 -
Democrats' hopes for tax increases on the wealthy and corporations would be dashed should Republicans take at least one chamber, and prospects diminish for a windfall profits tax on oil companies.
By Magan Crane and Erik WassonNovember 9 -
House Democrats delivered the final votes needed on a slimmed-down version of their tax, climate and drug price agenda.
By Erik WassonAugust 12 -
President Joe Biden and Senate Majority Leader Chuck Schumer are the biggest winners now that a huge piece of Democrats' economic agenda is hurtling toward enactment.
By Laura Davison, Erik Wasson and Ari NatterAugust 8 -
The legislation aims to prevent large corporations from exploiting tax breaks to pay little if any tax, and it would allow Medicare to negotiate drug prices for the first time.
By Erik Wasson, Steven T. Dennis and Laura DavisonAugust 7 -
The path was nearly cleared for one of the cornerstones of President Joe Biden's domestic agenda after Democrats agreed on a revised version of their tax and climate bill.
By Erik Wasson and Laura DavisonAugust 5 -
The Senate Democrats' tax, climate and drug-price bill would reduce federal deficits.
By Erik WassonAugust 4 -
Michigan Democratic Senator Debbie Stabenow is pushing for last-minute changes to stringent new electric-vehicle tax-credit limits in her party's tax and spending deal amid a pressure campaign from the auto industry.
By Ari Natter and Erik WassonAugust 4 -
The Arizona Democrat, a pivotal vote in the Senate, is asking to drop a provision from the bill that would scale back a tax break for fund managers, known as carried interest.
By Laura Davison and Erik WassonAugust 4