Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Battle Over Tax Hikes, Spending Bill Is Heating Up
By Melanie WaddellSen. Joe Manchin and other moderate Democrats will likely demand a pared-down tax plan, setting up weeks of debate.
September 01, 2021
New Social Security 2100 Bill to Expand Payroll Tax Is Coming This FallThe bill is expected to extend payroll taxes to high earners and change the way COLAs are calculated.
August 26, 2021
Insurers Scramble to Meet No Surprises Act RequirementsNearly 75% of survey respondents are concerned about meeting the law's Advanced Explanation of Benefits mandates, Zelis found.
August 24, 2021
House Adopts $3.5T Budget Blueprint Backed by BidenThe budget resolution sets a Sept. 15 deadline for the congressional committees drafting the tax and spending legislation.
August 20, 2021
Biggest Tax Hike on Wealthy Since 1993 Is Bogged Down in CongressThe tax-writing panels in the House and Senate have until Sept. 15 to finish writing the details of the tax-raising package.
August 18, 2021
House Budget Chair Lays Out Next Steps for Tax, Spending BillThe House plans to vote next week on the Senate-passed budget resolution.
August 18, 2021
Retirement Bill Is 'Fatally Flawed,' Kitces' XY Planning Tells LawmakersThe Retirement Security and Savings Act would allow steering of plan participants into higher-cost proprietary investments, Kitces said.
August 13, 2021
New Bill Creates Medicare Part E, Open to AllMedicare Part E would be available to every individual who is not already eligible for Medicare or Medicaid.