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Some House lawmakers raised doubts about the terms of the deal and whether differences could be resolved in the next few days.
By Erik Wasson, Laura Litvan and Billy HouseOctober 26 -
Hikes in the top tax rates are off the table, although a “billionaire’s tax” on unrealized capital gains is under discussion.
By Erik Wasson and Laura LitvanOctober 25 -
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.
By Erik Wasson, Laura Litvan and Ari NatterOctober 25 -
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.
By Laura Litvan, Erik Wasson and Laura DavisonOctober 22 -
While the immediate threat of a default would recede, the deal would merely delay the fight to December.
By Laura Litvan, Erik Wasson and Mike DorningOctober 7 -
Manchin said any new programs should be means-tested and that the tax offsets should include elimination of the carried-interest provision that especially benefits private equity firms.
By Laura Litvan and Mike DorningSeptember 30 -
The specific tax hikes remain to be detailed, as does any move to suspend or expand a $10,000 SALT cap.
By Erik Wasson and Laura LitvanSeptember 27 -
After early progress in the Senate, the administration's plans now face a crucial test this week in the House.
By Billy House and Laura LitvanAugust 23 -
Among the unresolved issues is how to modify a provision dealing with reporting requirements for cryptocurrency transactions.
By Steven T. Dennis, Laura Litvan and Laura DavisonAugust 6 -
The $550 billion infrastructure bill that would provide the biggest infusion of federal spending on public works in decades.
By Laura Litvan and Steven T. DennisAugust 2