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Rural Democrats urge protections from tax increases for family farms

The rural-area lawmakers aren’t the only group of Democrats who have been urging lawmakers to take into account issues of particular importance to their districts when crafting legislation based on Biden’s economic recovery plans; another group of lawmakers from high-tax states such as New York, New Jersey and California want legislation to include repeal of the cap on the state and local tax deduction. Democratic leaders will likely need to take lawmakers’ geographic-related interests into account when they craft legislation. They will need the support of nearly every Democratic lawmaker, given that Republicans are expected to oppose bills based on Biden’s plans and Democrats have narrow majorities in Congress.

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How President Biden's Paid FMLA Proposal Would Work

How President Biden s Paid FMLA Proposal Would Work Administration begins push for 12 weeks of paid family and medical leave LIKESAVE Reuse Permissions Members may download one copy of our sample forms and templates for your personal use within your organization. Please note that all such forms and policies should be reviewed by your legal counsel for compliance with applicable law, and should be modified to suit your organization’s culture, industry, and practices. Neither members nor non-members may reproduce such samples in any other way (e.g., to republish in a book or use for a commercial purpose) without SHRM’s permission. To request permission for specific items, click on the “reuse permissions” button on the page where you find the item.

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House committee to consider 'Secure 2.0' retirement bill this week. Here's what's in it

House committee to consider Secure 2.0 retirement bill this week. Here s what s in it CNBC 5 hrs ago Sarah O Brien Among other provisions, the bill would change when required minimum distributions must start, to age 75 from 72. The measure also would increase the allowed catch-up contributions to retirement plans for people ages 62 through 64. If the bill is voted out of committee, it would head to the full House for a floor vote at some point. © Provided by CNBC House Ways and Means Committee Chairman Richard Neal. The House Ways and Means Committee is poised to consider a bill on Wednesday that would make changes to how U.S. workers save for retirement.

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Biden officials say they still need more time in Trump tax-return case

  The Biden administration on Friday said that it still needs more time to determine its position in a lawsuit over House Democrats request for former President Trump The Democratic-led Ways and Means Committee filed a lawsuit against the Treasury Department and IRS in 2019, while Trump was still president, after the agencies refused to comply with requests and subpoenas for six years of Trump s federal tax filings. Biden administration officials have not yet said whether they plan to provide the Ways and Means Committee with the requested documents. ADVERTISEMENT In a court filing on Friday, lawyers for the committee and the administration wrote that they were continuing to have discussions that may inform the administration s position. They asked that the parties and the case be directed to file another status report on or before May 28.

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Opinion | Biden's expansions of the child-care system are a good start but should go further

Making permanent a more expansive tax credit is unlikely to make as much of a difference in the lives of lower-income families as other White House initiatives, so the White House should go further.

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