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Senators Ron Wyden and Pat Toomey are drafting a proposal to overhaul a cryptocurrency provision in the $550 billion bipartisan infrastructure bill that traders and investors have criticized as being overly broad and impractical.
August 4
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A Senate plan to spend $550 billion on U.S. infrastructure stands to benefit industries heavily dependent on transportation.
August 3
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The $550 billion infrastructure bill that would provide the biggest infusion of federal spending on public works in decades.
August 2
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A Senate proposal to ramp up IRS surveillance over cryptocurrency transactions claims it will $28 billion in tax revenue.
July 30
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New York City mayoral candidate Eric Adams told a group of House lawmakers that the limit on the state and local tax deduction is harming the city.
July 29
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The Senate’s bipartisan deal would impose stricter rules on cryptocurrency investors to fund a portion of the $550 billion investment.
July 29
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Democrats are also uniting behind a plan to muscle through a broader budget resolution to carry the party’s priorities.
July 29
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Two lawmakers in the House reintroduced bipartisan legislation Wednesday to change a provision in the Tax Cuts and Jobs Act that makes it difficult for performers to deduct business expenses.
July 28
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The agreement marks a significant breakthrough in the drive to muscle through Congress a massive infusion of new spending for roads, bridges and other critical projects.
July 28
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The negotiations have blown past several deadlines despite persistent expressions of optimism from lawmakers in both parties that they were close to an agreement.
July 28
