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What foreign governments are asking K Street about the reconciliation bill

The carried interest taxman (finally) cometh

While Senate Democrats estimate the plan to tax carried interest as regular income will only generate $14 billion — the bill has a $739 billion price tag.

Russian debt payments confront US Treasury with a tough call

As Russia faces another round of payments on its sovereign debt, Biden administration officials are weighing whether forcing Moscow into default for its invasion of Ukraine would really be the best outcome.

Analysis-Easy Russia sanctions exhausted, U S and allies face economic bite

By David Lawder WASHINGTON (Reuters) - As the world's wealthy democratic powers roll out new sanctions against Russia in response to horrifying images of

US, allies face economic bite with Russia sanctions

AS the world’s wealthy democratic powers roll out new sanctions against Russia in response to horrifying images of executed Ukrainians in the city of Bucha, it has become clear that the easiest options are now exhausted and stark differences have emerged among allies over next steps.

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