Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Social Security Whiz Marcia Mantell Cheers Provisions for Widows, Caregivers in New Bill
By Ginger SzalaRep. John Larson's new bill has added new, important measures that are much needed, says the retirement expert.
October 27, 2021
New Bill Won't Save Social SecuritySocial Security 2100: A Sacred Trust is an opening salvo in the funding debate, but it won't solve the long-term problem.
October 27, 2021
16 Big Social Security Changes in the New 'Sacred Trust' BillThe sweeping bill, Social Security 2100: A Sacred Trust, makes several major changes beyond expanding the payroll tax.
October 27, 2021
Democrats' Billionaire Tax Plan Puts About 700 People in SightsThe plan, which would take effect in 2022, requires billionaires to pay taxes on all their appreciated tradable assets to date.
October 26, 2021
House Introduces Social Security 2100 Bill to Expand Payroll TaxThe bill adopts CPI-E as the basis of the annual COLA and applies the payroll tax to wages above $400,000.
October 26, 2021
Democrats Target 'Buy, Borrow, Die' With Their Billionaire Tax PlanMore than $5 trillion is held by over 800 Americans worth at least $1 billion, according to the Bloomberg Billionaires Index.
October 25, 2021
Democrats Draw Up Billionaire-Tax Plan as Corporate Hike FadesSenate Finance Committee Chair Ron Wyden plans to unveil a new tax on the unrealized capital gains of the ultra wealthy this week.
October 21, 2021
Estate, Capital Gains Tax Changes Likely to Stay in Spending Bill: Schwab's TownsendBut some retirement provisions could get chopped, Schwab's man in Washington says.