federal taxes

federal taxes

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How paid leave, a tax cut for the rich and more could get axed from Biden’s social policy bill

WASHINGTON — Congressional Democrats cheered on the floor of the U.S. House after approving President Joe Biden’s massive social spending and climate bill. But a major struggle lies ahead in the coming month in the U.S. Senate, where Democrats cannot lose any votes within their party if they are to send the so-called Build Back Better measure to Biden’s desk.

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Original Commentary Other Voices Progressive Voices Top Story

Congress must raise taxes on the wealthy to pay for Build Back Better

Over the last 18 months of pandemic and economic disruption, we’ve seen the hardships people face when they don’t have what they need to get by when illness or job loss strikes. And we’ve also seen how bold, smart policies can ensure everyday people and their families can put food on their tables and keep a roof over their heads.

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Education News Top Story

How the new, expanded federal child tax credit will work

WASHINGTON — The most ambitious part of the pandemic stimulus package signed by President Joe Biden earlier this year is about to hit the bank accounts of millions of U.S. parents. Starting this week and ending in December, the vast majority of U.S. households with children will begin receiving monthly payments as a result of changes in that law expanding and reworking the federal child tax credit.

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