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Saturday, January 18, 2025

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Budget

Biden Proposes Tax on Billionaires as Way to Fund Economic Agenda

The new tax would apply to the richest Americans and would target unrealized capital gains.

Biden Aims to Boost Military and Social Spending in 2023 Budget

The president will unveil his latest budget proposal amid war in Ukraine and concerns at home about rising costs.

Biden Aims to Boost Military and Social Spending in 2023 Budget

The president will unveil his latest budget proposal amid war in Ukraine and concerns at home about rising costs.

Biden to Include Minimum Tax on Billionaires in Budget Proposal

The tax would require that American households worth more than $100 million pay at least 20 percent on their full income, as well as...

Biden to Ask Congress for 9,000 Fewer Immigration Detention Beds

The administration plans to seek funding for 25,000 beds, down from the 34,000 beds that are currently funded. It also severed a contract with...

NASA Plans to Give SpaceX Some Company on the Moon

The agency will seek bids for future lunar landing spacecraft from companies other than SpaceX, which won the first contract to return American astronauts...

Shalanda Young Confirmed to Head Biden’s Budget Office

Ms. Young is the first Black woman to lead the Office of Management and Budget, which had been without permanent leadership for more than...

The U.S. Has Made Big Climate Promises. Where’s the Money?

The latest spending bill in Congress contains far less money to help developing countries than President Biden had pledged. That fits a pattern.

I.R.S. Braces for Another Chaotic Tax Season

A shortage of staff and equipment has stalled America’s fiscal machinery.

Senate Passes 3-Week Spending Bill, Averting Government Shutdown

The bill, which now goes to President Biden’s desk, will give lawmakers until March 11 to finalize a deal on spending levels for the...

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