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On The Money: IRS faces 35 million unprocessed tax returns | Robinhood to pay record $70 million settlement

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THE BIG DEAL IRS ended filing season with 35M unprocessed tax returns: The IRS ended this year’s filing season with more than 35 million individual and business tax returns that have not yet been processed, according to an independent watchdog report released Wednesday.
The report, conducted by the National Taxpayer Advocate s office at the IRS, found that while most taxpayers were able to successfully file their returns and receive refunds, a record number of Americans did not.
The number of unprocessed tax returns is more than four times greater than the number recorded at the end of the 2019 pre-pandemic filing season. ....

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On The Money: White House counters with $1.7 trillion infrastructure proposal, GOP unimpressed | USDA to start loan forgiveness for thousands of minority farmers

On The Money: White House counters with $1.7 trillion infrastructure proposal, GOP unimpressed | USDA to start loan forgiveness for thousands of minority farmers
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CADEM rallies around NEWSOM — JENNER on trans student athletes — RECALL Q1 bucks — ELI BROAD dies

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THE BUZZ: California Democrats convened online this weekend for a party convention that often felt more like a pro-Newsom pep rally, with yoga breaks.
No variable threatens to upend Gov. Gavin Newsom’s recall defense more than party unity, ....

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Dems head into final stretch on Covid package

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COVID BILL COMING TOGETHER: Did our friends on the Senate side have fun on Friday… and erm Saturday morning setting the record with the
longest Senate vote in modern history? Looked like it. But now the rest of the heavy lifting is back over to the House. ....

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