Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Manchin Outlines Tax, Policy Changes He Wants in Biden Bill
By Erik WassonThe senator wants a revised bill that deeply overhauls the tax code to make it fairer and lowers the cost of more prescription drugs.
December 17, 2021
Debate: Should Crypto Exchanges Be Required to Report on Customers to the IRS?Two professors discuss the increased reporting requirements on cryptocurrency "brokers" and recipients under the new infrastructure law.
December 17, 2021
9 Estate Tax Bills Introduced in 2021One measure would restore the estate tax exemptions to the 2009 thresholds: $3.5 million per individual and $7 million per married couple.
December 14, 2021
Debate: Should Congress Raise the SALT Cap?Professors Robert Bloink and William H. Byrnes discuss whether the House or Senate tax cap proposal would serve Americans better.
December 14, 2021
10 HSA Bills Introduced in 2021Sen. Marco Rubio, R-Fla., has proposed a sweeping overhaul of HSAs with his Health Savings Act of 2021.
December 14, 2021
Biden Moves to Improve Social Security ClaimingHis executive order also requires the IRS to return calls to taxpayers and Medicare to set up a portal so recipients can find more ways to save money.
December 13, 2021
Latest Senate Spending Plan Includes $1.5T in Tax HikesThe measure doesn't include any expansion of the state and local tax, or SALT, deduction, despite weeks of negotiations.
December 09, 2021
6 Long-Term Care Bills Introduced in 2021One measure would allow tax-exempt retirement plan distributions to be used to pay for long-term health care insurance.