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Manchin upends Biden's agenda, won't back $2 trillion bill

Manchin upends Biden’s agenda, won’t back $2 trillion bill

Democratic Sen. Joe Manchin all but delivered a death blow to President Joe Biden’s $2 trillion domestic initiative, throwing his party’s agenda into jeopardy, infuriating the White House and leaving angry colleagues desperate ...
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Big companies look to Senate to ease budget bill’s minimum tax

Big companies look to Senate to ease budget bill’s minimum tax

Some of the largest U.S. corporations are looking for new exemptions from the budget reconciliation bill’s minimum tax on income reported to shareholders, arguing it could depress economic activity, including financing pensions for millions ...
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More EVs are coming. Where's the infrastructure to support them?

More EVs are coming. Where’s the infrastructure to support them?

Automakers are producing EVs at a feverish pace with government backing. Yet the number of public charging stations, critical for mass EV adoption, is lacking. There are fewer than 46,000 EV public charging sites ...
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Things to know (and fear) about new IRS crypto tax reporting

Things to know (and fear) about new IRS crypto tax reporting

The Infrastructure Investment and Jobs Act (H.R. 3684) put crypto in the crosshairs, where Congress and the Internal Revenue Service (IRS) hope to scoop up enormous tax dollars. This reporting regime is projected to ...
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Treasury Wants More Oversight of All-Cash Real Estate Deals

Treasury Wants More Oversight of All-Cash Real Estate Deals

The Biden administration is looking to expand reporting requirements on all-cash real estate deals to help crack down on bad actors' use of the U.S. market to launder money made through illicit activity. The ...
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