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January 19, 2022

US Senate

Frustrated Democratic donors threaten to hold back midterm donations over infighting in Congress, tight Virginia race

CNBC
by CNBC055
CNBC – For more and to sign up click here President Joe Biden speaks about the $1.9 trillion “American Rescue Plan Act” as House Speaker Nancy Pelosi (D-CA) and Senate Majority Leader Chuck Schumer (D-NY) listen during an event to celebrate the legislation in the Rose Garden at the White......
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Democrats still weighing changes to limit on state and local taxes deduction

CNBC
by CNBC027
CNBC – For more and to sign up click here Rep. Tom Suozzi, D-N.Y., speaks during a news conference announcing the State and Local Taxes (SALT) Caucus outside the U.S. Capitol on April 15, 2021. Sarah Silbiger | Bloomberg | Getty Images President Joe Biden released a framework for his......
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Sen. Richard Burr, brother-in-law spoke on phone just before stock sales that are under investigation, SEC says

CNBC
by CNBC028
CNBC – For more and to sign up click here Senator Richard Burr, a Republican from North Carolina and ranking member of the Senate Health, Education, Labor, and Pensions Committee, speaks during a confirmation hearing in Washington, D.C., on Thursday, April 29, 2021. Al Drago | Bloomberg | Getty Images......
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Senate Democrats push for tax on billionaires to help fund spending plan

CNBC
by CNBC071
CNBC – For more and to sign up click here U.S. Senate Finance Committee Chairman Ron Wyden, D-Ore., questions IRS Commissioner Charles P. Rettig at a June 8, 2021 Senate Finance Committee hearing. Tom Williams | Pool | Reuters As Democrats inch closer to finalizing their social spending package, Senate......
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House will vote on a debt ceiling suspension that is doomed in the Senate

CNBC
by CNBC054
CNBC – For more and to sign up click here The U.S. Capitol is seen on September 27, 2021 in Washington, DC as Congress returns today to a full schedule of pending legislative items. Win McNamee | Getty Images The House will vote Wednesday on a bill to suspend the......
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Deal for state and local tax deduction cap may happen this week, key Democrat says

CNBC
by CNBC025
CNBC – For more and to sign up click here Rep. Tom Suozzi, D-N.Y., speaks during a news conference announcing the State and Local Taxes (SALT) Caucus outside the U.S. Capitol on April 15, 2021. Sarah Silbiger | Bloomberg | Getty Images Rep. Tom Suozzi, D-N.Y., is expecting an agreement......
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Police reform talks fall apart after months of bipartisan negotiations in Congress

CNBC
by CNBC022
CNBC – For more and to sign up click here From left, Rep. Karen Bass, D-Calif., Sen. Tim Scott, R-S.C., Sen. Cory Booker, D-N.J., and Rep. Josh Gottheimer, D-N.J., speak to reporters in Statuary Hall in the U.S. Capitol after their meeting on police reform on Tuesday, May 18, 2021.......
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Democratic plan would close tax break on exchange-traded funds

CNBC
by CNBC0167
CNBC – For more and to sign up click here U.S. Senate Finance Committee Chairman Ron Wyden, D-Ore., questions IRS Commissioner Charles P. Rettig at a June 8, 2021 Senate Finance Committee hearing. Tom Williams | Pool | Reuters Senate Finance Committee Chairman Ron Wyden, D-Ore., has floated a new......
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House returns to Washington next week to forge ahead with infrastructure bill, budget plan

CNBC
by CNBC096
CNBC – For more and to sign up click here Speaker of the House Nancy Pelosi (D-CA) holds a news conference in the U.S. Capitol Visitors Center on March 19, 2021 in Washington, DC. Chip Somodevilla | Getty Images The House of Representatives will return to Washington next week, setting......
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Rand Paul’s wife bought Gilead shares in early days of Covid, the couple’s only individual stock purchase in years

CNBC
by CNBC0230
CNBC – For more and to sign up click here U.S. Sen. Rand Paul (R-KY) listens to Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, during a Senate Health, Education, Labor and Pensions Committee hearing to discuss the on-going federal response to COVID-19, at the......
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Repeal of the cap on state and local tax deduction still in play. Here’s what to watch

CNBC
by CNBC0113
CNBC – For more and to sign up click here Sen. Chuck Grassley, R-Iowa, during Attorney General nominee Merrick Garland’s confirmation hearing before the Senate Judiciary Committee on Feb. 22, 2021. Demetrius Freeman | Pool | Reuters The Senate approved a $3.5 trillion budget resolution early Wednesday after 14 hours......
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Biden’s personal touch and GOP retirements: How the bipartisan infrastructure bill beat the odds

CNBC
by CNBC029
CNBC – For more and to sign up click here U.S. President Joe Biden answers questions from reporters as Vice President Kamala Harris looks on in the East Room of the White House in Washington, U.S., August 10, 2021. Evelyn Hockstein | Reuters WASHINGTON — President Joe Biden’s decades of......
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These legislative proposals may affect your wallet. What to watch for this fall

CNBC
by CNBC089
CNBC – For more and to sign up click here Sen. Kyrsten Sinema, D-Ariz., second from right, speaks at a news conference in Washington, D.C., on July 28, 2021. Stefani Reynolds | Bloomberg | Getty Images Retirement security I think retirement security is on their radar. Paul Richman Chief government......
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$1 trillion infrastructure bill awaits final vote after Senate breaks filibuster, shuts down debate | CNN Politics

CNN
by CNN00
USA TODAY – For more and to sign up click here CNN —   The Senate voted to break a filibuster Saturday and advance a massive $1.2 trillion bipartisan infrastructure package after months of furious next negotiations, clearing a major hurdle for President Joe Biden’s agenda even as it will......
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Infrastructure bill would add $256 billion to deficits over a decade, CBO says

CNBC
by CNBC0116
CNBC – For more and to sign up click here A woman holds an umbrella against the sun as she walks the grounds of the U.S. Capitol, days after the removal of security fencing, during a heat wave in Washington, July 12, 2021. Kevin Lamarque | Reuters The bipartisan Senate......
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Senate infrastructure bill ends a Covid-era business tax break early

CNBC
by CNBC076
CNBC – For more and to sign up click here Samuel Corum | Getty Images News | Getty Images A Senate infrastructure measure unveiled Sunday would end a pandemic-era tax break for businesses three months early in order to raise funding. Certain businesses are currently able to claim a refundable......
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Senate passes bill to award Congress’ highest honor to first Black NHL player | CNN Politics

CNN
by CNN00
USA TODAY – For more and to sign up click here CNN —   The US Senate passed legislation this week to grant Congress’ highest honor, the Congressional Gold Medal, to the first Black player to compete in the National Hockey League. The bipartisan measure to honor Willie O’Ree unanimously......
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GOP senator warns against treating funding as ‘Monopoly money’ as infrastructure negotiations come to a head | CNN Politics

CNN
by CNN00
USA TODAY – For more and to sign up click here CNN —   Pennsylvania Sen. Pat Toomey on Sunday warned against treating federal funding as “Monopoly money” as negotiations on how to pay for a bipartisan infrastructure bill ramp up ahead of a critical week. “A very, very important......
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Democrats’ $3.5 trillion budget package funds family programs, clean energy and Medicare expansion

CNBC
by CNBC080
CNBC – For more and to sign up click here Senate Majority Leader Chuck Schumer, a Democrat from New York, speaks during a news conference at the U.S. Capitol in Washington, D.C., U.S., on Friday, May 28, 2021. Stefani Reynolds | Bloomberg | Getty Images WASHINGTON — Senate Democrats released......
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Bipartisan group of lawmakers propose bill requiring Social Security Administration to send mailed annual statements to more workers

CNBC
by CNBC0118
CNBC – For more and to sign up click here VALERIE MACON | AFP | Getty Images A new bipartisan bill proposed in Congress would require the Social Security Administration to once again mail annual statements to everyone ages 25 and over who have paid into the system. The bill,......
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