The Latest Breaking News from Ways and Means

WASHINGTON — The three Republicans vying for their party’s top spot on the House Ways and Means panel in the next Congress have raised nearly $4.1 million combined this cycle from K Street lobbyists and their companies’ affiliated PACs, a CQ Roll Call analysis found.

Three Republicans seeking the party's top Ways and Means Committee spot next year raised $4.1 million from lobbyists and their firms' PACs.

A year-end package is being eyed to fix a provision that many say unfairly cuts benefits for public employees who have government pensions.

The measure’s backers say it would get rid of unfair provisions that can dock benefits for public employees.

WASHINGTON — Rep. Vern Buchanan led second-quarter fundraising among GOP hopefuls for the party’s top spot on the powerful Ways and Means Committee, raking in more than $860,000 in contributions.

Rep. Vern Buchanan led second-quarter fundraising among GOP hopefuls for the party’s top spot on the powerful Ways and Means Committee.

Bipartisan interest in moving a package of semiconductor manufacturing incentives outside of a stalled conference committee is growing.

WASHINGTON — The odds of matching six numbers in the Texas Powerball lottery are 1 in 25 million. That’s three times better than the odds that two former FBI directors deemed traitors by then-President Donald Trump, James Comey and Andrew McCabe, were picked at random for an unusually intensive IRS…

An effort to add bipartisan tax incentives for U.S. semiconductor manufacturing to a House bill is running into GOP divisions.

A bipartisan contingent of lawmakers is pressing to give car dealerships relief from bigger tax bills they could face due to global microchip shortages that have pinched the supply of new vehicles.

Bigger tax bills loom as pandemic-related global microchip shortages pinch the supply of new vehicles, limiting dealer deductions.