Joe Biden

President Joe Biden’s quest to enact his $4 trillion economic agenda enters a turbulent new phase Monday as the U.S. House comes back into session and Democratic representatives ramp up pressure on the Senate to produce a bipartisan compromise or stop prolonging the effort.

The debate over how to pay for the nation’s roads, bridges and transit systems is leading some normally anti-tax Republicans to embrace higher levies on motorists.

The proposal calls for $579 billion in net new spending beyond outlays that Congress was already expected to enact.

Republican and Democratic senators said they’re open to considering the first change in the national gasoline tax since 1993 to help fund a bipartisan infrastructure spending package.

The American Jobs Plan would take taxes on GILTI through the roof.

The Biden administration has proposed requiring the collection of data on foreign cryptocurrency investors active in the U.S., aiming to bolster international cooperation to help in a broader crackdown on tax evasion.

GOP lawmakers reject the White House’s latest counteroffer of $1.7 trillion as too costly and object to corporate tax increases.

The dilemma represents another challenge with the special legislative process known as budget reconciliation.

Both the president's and the vice president's incomes

Republican senators say they’re encouraged about the prospects for a deal with President Biden on his $2.25 trillion infrastructure proposal after an Oval Office meeting but want to exclude any move to roll back the 2017 tax cuts to help pay for the package.

Most at risk are taxpayers whose earnings aren’t reported to the IRS by an outside source like an employer or brokerage firm.

The president and Republican congressional leaders see a narrow opening for compromise on infrastructure spending yet significant obstacles remain, particularly on tax increases.

April's hiring shortfall stiffened Republican opposition to the tax increases on the wealthy and corporations that are a central part of the administration's package.

The Senate Republican leader ripped the president's plan to end a tax break that lets the richest Americans transfer much of their wealth tax-free at death.

'It doesn't have to be exactly' 28 percent, the president said, in a signal that a final package could well have a lower rate.

The president's plan for increased tax audits of the wealthy and corporations is a major funding source for his economic-investment proposals.

The fate of the administration’s $4 trillion economic vision now rests with the lawmakers in a narrowly divided Congress.

The Penn Wharton Budget Model says the White House mistook the cost of its child-care and education policies.

The American Families Plan includes provisions that would expand Internal Revenue Service oversight of tax preparers.

The Biden administration has proposed that the U.S. apply a 21 percent global minimum rate.