higher taxes

U.S. Domestic spending plan

House approves $1.9 trillion ‘Build Back Better’ social spending plan

The House on Friday approved the 10-year, roughly $1.9 trillion “Build Back Better” bill, a plan supporters say would extend tax credits, child care, health care and more to tens of thousands of Arizonans. The Arizona delegation split on party lines on the bill, which passed early Friday on a 220-213 vote. All Republicans opposed the bill,

Financial

‘Build Back Better’ Could Break IRA Retirement System, Experts Warn

The Biden administration is eying changes to retirement savings, causing one organization to say “hands off!” “Joe Biden is going after and trying to get a lot of tax increases through the reconciliation bill and one of those is to get more taxes from Roth Individual Retirement Accounts (IRAs) and regular IRAs,” says David Williams, president of the

U.S. Domestic spending plan

Half its original size, Biden’s big plan in race to finish

Photo: Rep. Hakeem Jeffries, D-N.Y., standing with other House Democrats, talks to reporters outside the West Wing of the White House. Half its original size, President Joe Biden’s big domestic policy plan is being pulled apart and reconfigured as Democrats edge closer to satisfying their most reluctant colleagues and finishing what’s now about a $1.75

U.S. Domestic spending plan

Biden open to shortening length of programs in spending bill

President Joe Biden said Friday he would prefer to cut the duration of programs in his big social services and climate change package rather than eliminate some entirely, as Democrats struggle to win support from moderates by trimming what had been a $3.5 trillion proposal. Biden’s comments, reassuring progressives on what he hopes will be

Opinion

Opinion: Dems’ Socialist Spending Plans Slam Into Debt Ceiling

Democrats have a problem. They want Republican fingerprints on their big-government socialist reconciliation bill. But first, they need to raise the debt ceiling to clear the way for trillions in new spending. Republicans are united in opposition to the reconciliation bill. And they have made clear since the beginning that Democrats — with full control

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