Bernie Sanders

House Democrats’ spending package boosts the limit on the deduction for state and local taxes to $80,000 through 2030.

The House has passed the largest expansion of the social safety net in decades, a $1.75 trillion bill that funds President Joe Biden’s top priorities.

The 80-year-old Vermont senator wrote, “We must demand that the extremely wealthy pay their fair share.” Musk retorted, “I keep forgetting that you’re still alive.”

House Democrats late Thursday altered their spending package by changing the limit on the deduction for state and local taxes to $80,000 through 2030.

House Democrats have proposed increasing the state and local taxes, or SALT, cap to $72,500 from $10,000 through 2031.

Biden is scheduled to speak before leaving on an overseas trip to Europe for talks with Pope Francis, other leaders about climate, economy and other issues.

President Biden unveiled a $1.75 trillion framework for his social spending bill. But it still may not be enough to win over key congressional holdouts.

President Joe Biden will attend a House Democrats meeting Thursday, a strong sign that Democrats have a deal for the president to close on.

Senate Democrats are eyeing a tax on billionaires to help fund their social spending package amid pushback on income and corporate tax hikes.

Wednesday may have been one of the most consequential days of President Joe Biden’s first term in office.

Democrats aim to pass President Biden’s economic plans, fund the government, raise the debt ceiling and approve an abortion rights bill in weeks.

The top 1% of Americans may be avoiding as much as $163 billion in annual taxes, according to a report from the U.S. Department of the Treasury.

Democrats are weighing proposals to fund their $3.5 trillion budget plan, including mark-to-market levies on certain investments, taxing growth every year.

Sanders will push for the massive Democratic budget plan in areas of Indiana and Iowa represented by Republicans.

Sen. Elizabeth Warren said revitalizing the IRS budget would allow it to “go after wealthy tax cheats.”

The progressive advocacy group Our Revolution is rebranding now that Bernie Sanders is no longer the undisputed leader of the left

Senate Democrats released the framework for their $3.5 trillion budget resolution, which they hope to pass later this summer on a party-line vote.

Biden’s appearance at a caucus lunch came hours after the lawmakers announced they had reached an agreement on a multitrillion-dollar budget resolution.

Sen. Bernie Sanders says he and President Joe Biden are on the same page over a “transformative” infrastructure package

With many Americans still struggling to recover financially from the Covid-19 pandemic, many are asking whether a fourth stimulus check could happen.