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What to Know in Washington: Audit-the-Rich Target is Tall Order


May 6, 2021 7:02 AM
By Zachary Sherwood and Brandon Lee
President Joe Biden’s plan to raise $700 billion over a decade from increased tax audits of the wealthy and corporations a major funding source for his economic-investment proposals will probably take years to bear fruit and faces skepticism that the figure is realistic.
The Biden administration has proposed a more than 10% funding increase for the Internal Revenue Service for the next fiscal year and an overall investment of $80 billion over the next 10 years to beef up the agency’s depleted auditing staff and outdated technology. Biden’s American Families Plan, released last week, highlighted the audit take as a principal way to pay for $1.8 trillion in initiatives including child care and education. ....

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What to Know in Washington: Biden to Detail Afghanistan Exit


April 14, 2021 7:01 AM
By Zachary Sherwood and Brandon Lee
President Joe Biden will withdraw U.S. troops from Afghanistan by Sept. 11, the 20th anniversary of the terrorist attacks that precipitated the American invasion that ousted the country’s Taliban leadership, according to people familiar with the plan.
Biden will speak today at 2:15 p.m. on Afghanistan from the White House, according to his daily schedule. Afterward, the president will visit section 60 of Arlington National Cemetery to pay his respects to service members lost in recent conflicts.
American forces, in conjunction with troops from NATO allies, will begin withdrawing before the end of this month, according to a senior administration official who briefed reporters yesterday. The September deadline isn’t “conditions-based” and could be completed early, the official added. ....

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JetBlue Stands by Political Donation Amid Social Media Furor (1)


JetBlue PAC donation to election objector spurs boycott calls
Contribution marked end of pause after Jan. 6 Capitol attack
April 9, 2021 3:24 PM
By Shaun Courtney
(Updates with National Association of Business Political Action Committees comment in second to last paragraph.)
JetBlue Airways Corp. is standing by its donation to a lawmaker who objected to the presidential vote certification in January despite calls on social media for a boycott.
The airline became the first company to end its pause on donations to lawmakers who objected to the Electoral College vote count. It made a $1,000 contribution from its corporate political action committee to Rep. Nicole Malliotakis (R-N.Y.), a member of the House panel that oversees aviation. ....

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