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  • Jim Tankersley

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Brian Deese, Top Economic Aide to Biden, Will Step Down

Brian Deese, the director of the National Economic Council, played a pivotal role in negotiating economic legislation the president signed in his first two years...

Black Americans Are Much More Likely to Face Tax Audits, Study Finds

A new report documents systemic discrimination in how the I.R.S. selects taxpayers to be audited, with implications for a debate on the agency’s funding.

Biden Demands Details on Budget Cuts From McCarthy

Ahead of a meeting at the White House on Wednesday, administration officials demanded that Republicans commit to avoiding a default on federal debt.

Biden Set to Hammer House Republicans on the Economy

The president has found a welcome foil in a new conservative House majority and its tax and spending plans, sharpening a potential re-election message.

How the U.S. Government Amassed $31 Trillion in Debt

Two decades of tax cuts, recession responses and bipartisan spending fueled more borrowing — contributing $25 trillion to the total and setting the stage for...

Speaker Drama Raises New Fears on Debt Limit

An emboldened conservative flank and concessions made to win votes could lead to a protracted standoff on critical fiscal issues, risking economic pain.

Biden Caps Two Years of Action on the Economy, With New Challenges Ahead

The president used a slim congressional majority to enact legislation that could reshape the American economy — if his administration can make the laws succeed.

Biden Signs Government Funding Bill, Preventing Shutdown

The $1.7 trillion measure includes more money for the military and law enforcement, along with an overhaul of how Congress counts electoral votes in presidential...

Treasury Department Outlines Rules for New Corporate Taxes

The preliminary guidance applies to an alternative minimum tax for large corporations and a tax on stock buybacks, which helped fund President Biden’s climate and...

‘Innovation Hubs’ Aim to Lift Distressed Areas. Congress Just Has to Fund Them.

A new report suggests where 20 newly created research centers could best revitalize struggling economies and accelerate new technologies