House of Representatives – Page 30

Biden, Joseph R Jr Customer Relations House of Representatives Inflation Reduction Act of 2022 Internal Revenue Service Law and Legislation Republican Party Tax Evasion Taxation United States Politics and Government

As Tax Season Starts, a Beleaguered I.R.S. Looks to Bolster Customer Service

The Biden administration is focusing on making the agency more responsive amid concerns that a funding increase will result in more audits.

By Alan Rappeport

Democratic Party Federal Budget (US) House of Representatives National Debt (US) Republican Party Treasury Department United States Economy United States Politics and Government

The U.S. Hit Its Debt Limit. What Happens Next?

The Treasury Department has started employing “extraordinary measures,” but the path to raising the debt ceiling is likely to be a long one.

By Alan Rappeport and Emily Cochrane

Democratic Party Federal Budget (US) House of Representatives National Debt (US) Republican Party United States Economy United States Politics and Government

Months Before a Potential Crisis, Both Parties Kick Off a Fiscal Blame Game

As the Treasury Department begins taking steps to avoid hitting the debt limit, Republicans and Democrats are positioning themselves politically for a drawn-out fight.

By Carl Hulse

Federal Budget (US) House of Representatives National Debt (US) Republican Party Stimulus (Economic) Stocks and Bonds Tax Cuts and Jobs Act (2017) Treasury Department United States Economy United States Politics and Government

America Set to Hit Its Borrowing Limit Today, Raising Economic Fears

The milestone will not immediately affect markets or growth, but it sets the stage for months of entrenched partisan warfare.

By Jim Tankersley and Alan Rappeport