Joe Biden

A series of tentative compromises were worked out on spending caps, the defense budget and IRS funding.

Biden's team agreed to trim $21 billion over a decade from IRS enforcement and $28 billion from prior COVID spending.

Some Senate Democrats are pushing the Biden administration to impose tough limits on hydrogen tax credits they say will ensure the fuel lives up to its climate-fighting potential.

McCarthy has told Biden that he did not intend to retreat from public refusals to accept additional taxes as part of an agreement.

Republicans rejected a Democratic proposal that would seek to raise revenue by altering a dozen tax provisions.

The Treasury Secretary said her department's ability to use special accounting maneuvers to stay within the federal debt limit could be exhausted soon.

The country remains among the top candidates to host a new Tesla factory.

The Treasury Department, based on fresh tax revenue data, is set to release an updated estimate of the "X date" when the U.S. can no longer meet its obligations.

House GOP leaders also called for the Justice Department to investigate allegations by an IRS whistleblower involving Hunter Biden.

President Joe Biden and First Lady Jill Biden paid $169,820 in federal and state income tax on a combined $579,514 in adjusted gross income, according to their annual tax returns.

Almost half of North America's biggest institutional and wholesale investors worry they'll face legal consequences if they consider environmental and social factors, as the political backlash against ESG broadens.

President Joe Biden is proposing a series of tax increases on investors and top-earning Americans in his annual budget request to Congress.

The senator fired the latest salvo in a long-running dispute with the White House over implementation of Inflation Reduction Act provisions he authored.

The White House plans to target a series of high-profile tax breaks worth tens of billions of dollars for wealthy investors and corporations.

The president is proposing a series of tax increases on billionaires, rich investors and corporations.

His plan has little chance of becoming law, but the proposal is an important signpost for negotiations over government spending.

The vote was 50-46 to end a rule that allows retirement plans to weigh climate change and other environmental, social and governance issues in their investment decisions.

The administration is relaunching a popular tax break for manufacturers of solar panels, wind turbines, fuel cells and other clean energy equipment.

In his State of the Union address, the president urged Congress to approve raising taxes on wealthy taxpayers and big corporations.

The president will also call for quadrupling the levy on corporate stock buybacks during his address Tuesday.