The most important thing to know about the tax bill proposed by House Ways & Means Committee Richard Neal (D-MA) is that it’s big.

Marie Sapirie provides a list of likely changes that Congress will make as it moves toward a reconciliation bill, and she argues that the budget process as it is currently being used only increases the likelihood of churning tax rules, theatrics, and multiple rounds of technical corrections.

To pay for the massive social blueprint that President Joe Biden envisions, House Democrats have begun serious work on a twist worthy of the most agile circus acrobats

The House Democrats unveiled their proposed tax increases. From a taxpayer point of view there is good news, bad news, and some ugly news.

Over the last month, there has been a marked decline in support for President Biden and his administration. Now, given the release of the House Democrats’ draft tax plan, it is clear that circumstances may get even worse for the party just over one year out from the 2022 midterms.

Lawmakers are scrambling for ways to pay for Biden's $3.5 trillion spending plan.