Biden Administration

With the Build Back Better bill at least temporarily stalled, where does that leave research tax credits, cost segregation and energy incentives?

Advocates say they'll continue pushing for the write-off, but it is not widely popular.

Failure could imperil the backbone of the party’s messaging for the midterm elections.

In a statement, the president expressed confidence that the measure would eventually pass and urged patience as negotiations continue.

Action on the tax and spending bill has been punted to January.

Negotiations seem to be faltering between the White House and West Virginia Sen. Joe Manchin.

Among his mandates: having the IRS call taxpayers back, rather than making them sit on hold.

For Americans worried about rising prices and shrinking household budgets, January could bring another blow to the bottom line.

Key negotiators continue to clash over the specific income limits for one of the unresolved issues in President Joe Biden’s economic agenda.

One key holdout — Senator Joe Manchin — said he’s skeptical he can vote for a bill that includes major economic changes.

The goal is increasingly challenged by competing priorities that include raising the debt ceiling and the divisions in the party over the massive tax and spending plan.

Eliminating the revenue-raising R&D amortization provision in the 2017 tax reform is the best way forward for U.S. innovation.

Senate Democrats negotiating an expansion of the state and local tax deduction aren’t near a deal, raising the prospect that talks will spill into next week — and potentially next year.

The Business Roundtable is officially opposing Biden’s economic legislation because they believe the tax increases on corporations outweigh the good in the legislation.

Negotiations over the deduction hit a new snag with two key lawmakers at odds over whether the plan should raise revenue for other spending priorities.

Whether a rich person will pay more or less in taxes largely depends on just how much income they get, and how it’s earned.

The House passed a roughly $2 trillion bill incorporating the core of President Joe Biden’s economic agenda — ramping up funding for the social safety net and increasing taxes on corporations and the wealthy — sending it on to the Senate, where it’s likely to be significantly reshaped.

President Joe Biden’s signature plan to expand the social safety net, address climate change and rewrite tax policies passed the House Friday morning as Speaker Nancy Pelosi united fractious Democrats to send the legislation to the Senate, where its fate remains uncertain.

Dueling proposals would deliver large tax cuts to the wealthy while failing to do much for middle-income households, according to a new analysis from.

The House reconvened for the vote Friday after Republican leader Kevin McCarthy delayed action with a more than eight-hour floor speech.