Public-private competition can lay the groundwork for changes inrevenue-estimating transparency practices, but Congress can set therules, and a Blue Ribbon Commission sponsored by a governmentagency, nonprofit group, or accounting or law firm might also beuseful. One thing is sure: Change in revenue-estimatingtransparency is needed at both the Treasury Department and theJoint Committee on Taxation.
President Biden on Monday unveiled sweeping plans for military and domestic spending as part of his annual budget proposal that also includes tax hikes on the wealthy.
Speaker Nancy Pelosi (D-Calif.) isn’t showing her cards, but the longtime Democratic leader has vowed that this year will be her last at the top of the party, auguring a fast-approaching power vacuum that younger lawmakers have been salivating to
Two longtime House Democrats announced on Monday that they won’t seek reelection, creating more open seats as the party faces tough political headwinds in next year’s midterm elections.