United States Politics and Government – Page 442

Missing From Biden’s Budget: His Plan for Social Security

Like the president’s previous budgets, his latest proposal made no mention of any tax or spending increases linked to the program, which he had promised to shore up during his 2020 campaign.

By Jim Tankersley

Biden, Joseph R Jr Federal Budget (US) High Net Worth Individuals National Debt (US) Tax Credits, Deductions and Exemptions Taxation United States Economy United States Politics and Government

Biden’s $6.8 Trillion Budget Proposes New Social Programs and Higher Taxes

The president proposed trillions of dollars in new spending that has no chance of passing a Republican House, even as he sought to reduce deficits by raising taxes on business and the rich

By Jim Tankersley

Inflation Reduction Act of 2022 Internal Revenue Service Senate Treasury Department United States Politics and Government Werfel, Daniel I

Senate Confirms Daniel Werfel as IRS Commissioner

The new commissioner of the Internal Revenue Service will oversee the agency’s $80 billion overhaul.

By Alan Rappeport

East Palestine, Ohio, Train Derailment (Feb 3, 2023) Environment and Public Works Committee Norfolk Southern Corporation Railroad Accidents and Safety Railroads Senate Shaw, Alan H. United States Politics and Government

Norfolk Southern CEO Apologizes for East Palestine Train Derailment

In prepared remarks released before a Senate hearing, the railroad chief executive says he is “determined to make it right” for the people of East Palestine.

By Stephanie Lai and Mark Walker