Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
SALT Tax Break Gets Fresh Push From Republicans
By Laura DavisonCongressional talks about state and local tax deductions are ongoing as taxpayers file their fifth tax return with the $10,000 cap.
April 04, 2023
My Wacky Idea to Save Social SecurityThere is a way to avoid cutting benefits and raising taxes. But will Americans embrace it?
April 03, 2023
7 New Social Security Bills in Congress NowOne bill aims to guarantee benefits during a debt limit standoff, for instance; another would raise benefits by over $2,000 a year.
March 31, 2023
Hopes for Bipartisan Social Security Fix Dimmed by Biden-GOP TensionsThe breakdown comes despite signs that Social Security benefits are at real risk if current policies aren't changed.
March 31, 2023
Social Security Retirement Fund on Track to Go Bust in 2033: Trustees ReportAllowing the programs to become insolvent could lead to reductions in benefits, The Senior Citizens League says.
March 30, 2023
Hospital Shuns Original Medicare Users: LawmakerA House hearing witness said hospitals should face tougher price reporting standards.
March 30, 2023
7 Estate Planning Challenges to Tackle TodayThe current interest rate climate and tax-friendly framework could shift, so financial advisors and their clients need to act soon.
March 28, 2023
Think You Can Fix the Social Security Trust Funds' Woes? Play This Game.A new interactive tool lets advisors, their clients and other individuals compare solutions to Social Security's solvency issues.