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Jim Tankersley
Posts
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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...
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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.
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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.
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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.
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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...
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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.
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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.
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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...
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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...
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‘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