Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
How Rich Is the Supreme Court?
By Emily Birnbaum and Bill AllisonBased on 2021 financial disclosures, at least six of the Supreme Court justices are multimillionaires.
April 18, 2023
House Dems Revive Bill to Close Carried-Interest LoopholeThe Ending Wall Street Tax Giveaway Act would tax carried interest as ordinary income.
April 18, 2023
Bernie Sanders Floats New Estate Tax BillThe legislation aims to reduce the estate tax exemption to $3.5 million.
April 17, 2023
GOP Lawmakers Mull Social Security, Medicare CommissionAs Rep. McCarthy says a debt-limit bill is coming, talk swirls that it won't be without conditions.
April 13, 2023
Rep. Gaetz Pushes for Talks to Raise Social Security Age"I do question that, forever and always, we are going to have the same retirement age," said the Republican congressman from Florida.
April 13, 2023
12 Top Medicare Bills in Congress NowSome could have a direct effect on the medical bills of your clients over the next few years.
April 13, 2023
3 Ways to Save Social Security and MedicareRaising the full retirement age, adding taxes on the wealthy and retargeting benefits are some options on the table.
April 06, 2023
SALT Tax Break Gets Fresh Push From RepublicansCongressional talks about state and local tax deductions are ongoing as taxpayers file their fifth tax return with the $10,000 cap.