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The Latest Breaking News from Senate Finance Committee

Tougher IRS enforcement central to Dem economic package

One of Washington’s favorite punching bags, the Internal Revenue Service, may finally get the resources it’s been asking Congress for if Democrats get their economic package focused on energy and health care over the finish line

The Independent UK

Battle erupts over claim Manchin bill raises middle-class taxes

Official analysis suggesting it won’t just be the wealthy that end up paying tax hikes included in the latest version of Democrats’ long-term economic agenda has ignited a partisan messaging battle with potential consequences for November elections.

Tribune News Service

Secure 2.0: Which House, Senate Proposals Are Best For You?

Congress has taken three giant steps toward beefing up retirement planning for Americans this year. A make-or-break step comes next.

Investors Business Daily

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Yellen says new Biden investments can counter inflation

New York (AFP) - US Treasury Secretary Janet Yellen urged lawmakers to approve additional investments in renewable energy and higher taxes on the wealthy on Tuesday, as she defended the administration's efforts to blunt the impact of inflation.

AFP

Bipartisan push on mental health crisis that COVID worsened

A major effort to overhaul care for people in the United States with mental health and drug problems is gaining traction in Washington

The Independent UK

Why Big Pharma loves Tim Scott

During the second half of 2021, Scott was the top recipient of drug campaign cash in Congress

Salon

Big Pharma is betting on bigger political ambitions from Sen. Tim Scott

Sen. Tim Scott, a rising star in the Republican Party with broad popularity in his home state of South Carolina, is getting showered with drug industry money before facing voters this fall.

Tribune News Service

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Windfall profits tax, consumer rebate options under discussion

WASHINGTON — Senate Finance Committee Democrats are discussing ways to tax large oil and gas companies’ excess profits that could be tied to the recent spike in global crude oil prices and use the revenue to provide financial support to consumers impacted by higher costs at the pump.

Tribune News Service

Senate Finance leaders outline mental health legislative timeline - Roll Call

Senate Finance Committee leaders said they aim to put together a bipartisan legislative package addressing mental health.

Roll Call

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