The Latest Breaking News from Michael D Crapo

Biden's comments about SVB added to scrutiny of a 2018 law that eased banking requirements, but it's not clear that's what cause the failure

WASHINGTON — President Joe Biden’s delayed budget for the upcoming fiscal year due Thursday will kick off what’s expected to be a lengthy battle over spending levels and priorities, with the debt ceiling deadline looming this summer casting a pall over the entire process.

President Joe Biden’s delayed budget due Thursday will kick off what’s expected to be a lengthy battle over spending levels and priorities.

WASHINGTON — President Joe Biden reiterated a call to “finish the job” on insulin prices, address the mental health crisis and “end cancer as we know it” in his address to Congress on Tuesday — initiatives that could have bipartisan support from lawmakers.

President Joe Biden’s speech was heavy on health policy asks, but it’s unclear if razor-thin majorities will allow them to come to fruition.

WASHINGTON — The Senate is “on track” to start debating a roughly $300 billion deficit-reducing budget package Saturday after Democrats reached agreement late Thursday on changes to the bill needed to secure 50 votes, Senate Majority Leader Charles E. Schumer said.

The Senate is "on track" to start debating a roughly $300 billion deficit-reducing budget bill after Democrats reached agreement Thursday.

Democrats may need to make some changes to the tax portion of their budget reconciliation package to earn the support of Arizona Sen. Kyrsten Sinema, including possible removal of a tax increase on investment fund managers and softening a new minimum tax on the biggest corporations.

Democratic leaders in the Senate need to woo Arizona Sen. Kyrsten Sinema, but some don't want to give away too much

Senate Democrats are confident about passing their health care, climate and tax package, as Republicans plot amendments they’ll offer to it.

WASHINGTON — Incentives for clean energy and a tax break for companies’ research and development appear to be off the table for legislation moving this summer, raising the stakes for a potential year-end tax bill after the dust settles on the midterm elections.