Browsing: The Biden administration
Social Security is doing a little better. But it still won’t be able to pay full benefits by 2033
A strong labor market has improved the outlook for Social Security and Medicare, two of the most important social programs…
Joe Manchin and mining officials slam EV tax credit rule change, calling it a “blank check” to China
The battle is all about rarefied graphite, an essential material for EV batteries. The federal government sent carmakers scrambling in…
After being outmaneuvered by Trump on social media in 2016, Democrats are in a fevered race with GOP to exploit AI in the 2024 campaign
President Joe Biden’s campaign and Democratic candidates are in a fevered race with Republicans over who can best exploit the…
Warren Buffett predicts ‘higher taxes are likely’ since the national debt won’t pay for itself
The U.S. government may be coming to take a larger bite out of corporate profits, and Berkshire Hathaway chairman Warren…
Democrats race to design ways to best use AI in 2024 campaign after Trump and allies outmaneuvered them on social media in 2016
President Joe Biden’s campaign and Democratic candidates are in a fevered race with Republicans over who can best exploit the…
The U.S. government on Friday loosened some rules governing electric vehicle tax credits, potentially making more EVs eligible for credits…
Airlines plead tech failure after government orders automatic refunds for wronged travelers
Some CEOs are already raising questions about how airlines will comply with new Biden administration rules requiring refunds for canceled…
NYPD officer fired a gun while removing barricaded college students from hall, prosecutors confirmed
A police officer who was involved in clearing protesters from a Columbia University administration building earlier this week fired his…
The $34 trillion U.S. debt is nearly as big as the economy and there’s (still) no plan to fix it
Officials from several institutions warn a tipping point is near and it will only get worse if it snowballs into…
Commercial tax-prep companies lost out on $5 billion in fees thanks to IRS’ direct file, government says
The IRS said Friday that more than 140,000 taxpayers filed their taxes through its new direct file pilot program and…