Agenda

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A major IRS enforcement boost will likely be omitted from a forthcoming top-line revenue estimate of Democrats’ tax-and-spend package, complicating the question of whether the legislation will be fully “paid for” as President Joe Biden has promised. ...
If Congress passes President Biden’s Build Back Better social spending bill, New York will have the highest marginal tax rate in the nation — and among the top in the world. ...
Lawrence Summers, the former director of Obama's national economic council, says not spending enough on Biden's Build Back Better agenda because we spent too much on Covid-19 recovery would be a "tragic error." On the difference between the bills, he explains that "what we did at the beginning of this year was unpaid for and without impact on future economic growth because it didn't represent investment. What we're going to do is investment, and is paid for." ...
Thirteen House Republicans are helping shift infrastructure projects away from their own districts and toward deep blue, Democrat districts. ...

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