Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Key Senator Calls for Medicare Advantage Agents to Be Fiduciaries
By Allison BellRon Wyden's report could help shape the policy climate for life insurance and annuity sellers.
March 24, 2025
Tax Revenue on Track to Fall $500B in 2025: ReportAnonymous IRS officials told the Washington Post that they expect a 10% decline in tax receipts.
March 13, 2025
Debate: Should Congress Extend Enhanced Premium Tax Credits?The credits are paid directly to health insurance providers, rather than to taxpayers, in exchange for reduced premiums.
March 13, 2025
New Bill Limits Social Security Clawbacks to 10-Year WindowCurrently, an indefinite lookback period allows SSA to collect funds from a recipient going back decades.
March 12, 2025
Two Bipartisan Long-Term Care Bills Re-Emerge in HouseThe proposals could give lawmakers a chance to find common ground amid an intense budget and tax fight.
March 12, 2025
22% Tax Hike Coming if Trump Cuts Expire: Ways and Means ChiefEverything is on the table, including retirement planning incentives, Rep. Jason Smith says.
March 10, 2025
New Bill Doubles Social Security Tax ThresholdThe Tax Relief Unleashed for Seniors by Trump Act would also index the gross income exclusion to inflation.
March 10, 2025
Former Republican Social Security Chiefs Deride Musk's ActionsWhile they appreciate the interest in efficiency, Andrew Biggs and Jason Fichtner fear beneficiaries will suffer.