She wants to enhance trade and curb drug trafficking. On Tuesday, Treasury Secretary Janet Yellen is meeting with Mexican President Andres Manuel Lopez Obrador and Mexico’s Secretary of…
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IRS Releases Clean Energy Investment Tax Credit
The agency publishes guidance documenting details for investors. The Internal Revenue Service (IRS) has released guidance that outlines the requirements for receipt of the clean energy tax credit.…
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Government Accountability Office Finds Massive Spending Discrepancies
Four administration departments and 49 agencies “flagged.” The Government Accountability Office issued a report on incorrectly reported spending or missing reports on government spending information. The Departments of…
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Interest on National Debt Now the Top Budget Expense
Treasury data shows interest exceeds $1 trillion per year. Information from the U.S. Treasury Department shows that estimated annualized interest payments on the nation’s debt exceeded $1 trillion…
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Treasury Sanctions 130 Who Help Russia Against Ukraine
Secretary Yellen says China, Turkey, and UAE support is perpetuating the war. The U.S. Treasury Department has imposed sanctions this week on 130 “individuals and entities” who help…
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Senators Urge HHS to Expand Coverage for OTC Contraceptives
Many birth control pills are covered but require a prescription. Forty-eight senators wrote a letter to President Biden’s administration this week, advocating for healthcare to expand coverage to…
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Senators Draft Letter to President on Hydrogen Tax Credit Flexibility
Legislators say limiting tax credits to new energy sources will limit market development. Ten Senators drafted a letter to President Biden’s administration advocating for greater leniency within the…
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Treasury Department Announces New Sanctions on Hamas
The goal is to cut off their access to funds. The Department of the Treasury announced a series of new sanctions against the terror group Hamas on Wednesday…
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Senate Accelerates Nomination Process for Ambassador to Israel
The Foreign Relations Committee plans to hold Jack Lew’s confirmation hearing on October 18. The Senate could vote to confirm President Joe Biden’s nominee for ambassador to Israel…
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U.S. and Qatar Agree to Refreeze Iran $6 Billion
Secretary Blinken will be in Qatar on Friday. Deputy Treasury Secretary Wally Adeyeno told some members of the House Thursday that the government of the U.S. and Qatar…
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