Extensive subsidies that reduce premium costs for millions are set to expire, unless Congress extends them.
Category: House of Representatives
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G.O.P. Again Cedes Power on Tariffs to Avoid Crossing Trump
House Republicans extended a maneuver they engineered earlier in the year that effectively strips Congress of the power to disapprove of President Trump’s tariffs.
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Here’s How Congress Is Wading Into Crypto Regulation
The House this week took up a trio of bills that would establish a federal framework for regulating the cryptocurrency industry. One of the measures is about to clear Congress and become law.
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Congress Was Supposed to Vote on 3 Crypto Bills This Week
The crypto industry was headed for a landmark moment in the House with three bills that it helped push going to a vote. But a coalition of ultraconservative House Republicans staged a mutiny.
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Republican Tax Bill Is a Losing Deal for Gamblers
The law is creating backlash from the gambling industry and bettors who could owe taxes even if they break even.
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Trump Administration Tells Congress to Kill ‘Revenge Tax’ From Policy Bill
Treasury Secretary Scott Bessent said the Group of 7 agreed that penalties related to a 2021 “global minimum tax” deal will not apply to American companies.
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Record Debt Limit Increase Would Break Republican Precedent
A proposed $5 trillion debt limit increase could make it hard for Republicans to maintain their fiscal hawk credibility.
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House Policy Bill Would Add $3.4 Trillion to Debt, Swamping Economic Gains
The updated findings from the Congressional Budget Office amounted to the latest dour report card for the president’s signature legislation.
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Senate Republicans Propose Key Tax Tweaks to House Bill
Party lawmakers proposed changes to the tax code that could offer the greatest benefit to businesses.