To help detect unreported income and narrow the gap between federal taxes collected and owed, the Biden administration has proposed expanding annual reporting requirements for banks and other financial institutions to include the total amounts of money flowing in and out of all business and personal accounts worth at least $600.
Person: Joe Biden
White House and HHS Employees Aren’t ‘Exempt’ from Vaccine Mandate
While some specifics of President Joe Biden’s COVID-19 vaccine mandates haven’t been determined, misleading claims about who will be “exempt” have circulated online. Employees at the White House and in agencies within the Department of Health and Human Services are subject to Biden’s executive order requiring federal employees to be vaccinated.
Posts Spread Baseless Claims About Cause of Cargo Ship Backups
U.S. ports slowed by pandemic-induced labor and equipment shortages cannot keep up with Americans’ demand for imported goods, resulting in cargo ship backups on both coasts. But social media posts, without citing evidence, falsely claim the Biden administration is purposely “orchestrating” product shortages.
Trump Rejected Generals’ Advice, Too
Rep. Mike Rogers, the ranking Republican on the House Armed Services Committee, said congressional testimony this week showed that President Joe Biden ignored the advice of top generals about what to do in Afghanistan while former President Donald Trump “did listen to it.” That’s not entirely accurate.
Generals Contradict Biden on Afghanistan Advice
Ads Distort How Much Biden’s Tax Plans Could Cost ‘Your Family’
The 2022 budget proposed by President Joe Biden would redistribute income, hitting high-income earners with tax increases and providing refundable tax credits to low- and middle-income Americans. Ads from the conservative Club for Growth targeting nine vulnerable Democrats and one centrist Republican in the House, however, distort the impact of the Biden plan on taxpayers.