Finance, investment and tax-related legislation

The $550 billion infrastructure bill that would provide the biggest infusion of federal spending on public works in decades.

A Senate proposal to ramp up IRS surveillance over cryptocurrency transactions claims it will $28 billion in tax revenue.

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.

The Senate’s bipartisan deal would impose stricter rules on cryptocurrency investors to fund a portion of the $550 billion investment.

Democrats are also uniting behind a plan to muscle through a broader budget resolution to carry the party’s priorities.

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.

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.

The negotiations have blown past several deadlines despite persistent expressions of optimism from lawmakers in both parties that they were close to an agreement.

Former Treasury officials say both parties should agree to increase money for the agency.

Finishing a bipartisan plan is pivotal to getting all Democrats on board with a budget outline setting up a $3.5 trillion package.