Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
January 28, 2025
Expecting a Social Security Fairness Act Benefit Boost? Watch Out for Tax Traps.Bigger Social Security checks are an exciting prospect, but they could kick people into higher income brackets.
January 27, 2025
Social Security Fairness Act Benefit Increases Could Take a Year: SSABudget and staffing constraints will slow the implementation of the new law, the Social Security Administration says.
January 24, 2025
10 House GOP Health Program and Tax Change IdeasIf implemented, they could affect where and how clients get their medical care.
January 23, 2025
14 Tax Changes Republicans Could Make in 2025Lawmakers are floating options like repealing interest deductions for student loans, mortgages and muni bonds.
January 22, 2025
Did the Trump Tax Cuts Pay for Themselves?Tax revenue grew faster than expected, but it's complicated, the Committee for a Responsible Federal Budget says.
January 22, 2025
What's Next for Trump’s Tax Policies and Other Plans?Talks with lawmakers Tuesday ended without a deal on how to advance the president's signature tax policies.
January 21, 2025
Social Security Fairness Act Sets ‘Disturbing’ Precedent: CatoOne analyst believes the law sets a dangerous example when it comes to Social Security’s bigger solvency problems.
January 17, 2025
Surging Rates Stoke GOP Tensions on Paying for Tax CutYields on 10-year Treasurys are double what they were just before Trump started his first term.
January 13, 2025
New Bill Boosts SALT Deduction CapThe SALT Fairness for Working Families Act increases the limit to $15,000 and eliminates the marriage penalty.
January 10, 2025
Who Benefits Most From Extending Trump's Tax Cuts? Likely the Wealthy: TreasuryFamilies across the board would see lower taxes, but the largest cuts would go to the highest earners.