Some oppose the measure as tax season is underway. The House of Representatives has moved to block changes to Washington D.C.’s local tax code. A disapproval resolution was passed…
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Social Security Beneficiaries May Receive Tax Breaks Under New Laws
Congress makes adjustments for individuals 65 and over, and for Social Security beneficiaries. Congress enacted two laws this year, President Donald Trump’s “One Big Beautiful Bill” and the…
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Treasury Secretary Responds to Governors Blocking Tax Cuts
He calls the block “political obstruction.” Treasury Secretary Scott Bessent responded to the refusal of the governors of the states of New York, Colorado, Illinois, and the District…
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Senate Confirms Scott Bessent as Treasury Secretary
Members of the upper chamber of Congress continue through the confirmation process of the president’s Cabinet. The Senate confirmed Scott Bessent as the new Secretary of the Treasury…
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