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.
After pulling its All-Star game out of Georgia because of the state’s new voting law, Major League Baseball picked Colorado for its summer classic — setting off an error-filled debate over which state has more restrictive voting laws.
On Day 1, Republicans made numerous false and misleading claims on tax cuts, the economy, immigration and COVID-19, among other topics.
In the aftermath of two deadly mass shootings in Texas and Ohio, U.S. political leaders made a series of statements on gun violence that were unsubstantiated, lacked context or were seemingly contradictory. Here we look at some of those statements and present the facts.
Sen. Tim Scott claims that the Affordable Care Act’s taxes of $800 billion hit small businesses and families. But that’s misleading on several levels.