Congress

Now that the House and Senate have each passed their own version of a sweeping tax bill, everyone is going to have to work out what the proposed changes means for the rest of us. And the lawmakers have still to iron out some key differences. Click the audio player above to hear the full […]

Funding for the Children’s Health Insurance Program ran out at the end of September, meaning millions of kids and pregnant women won’t have coverage in the new year. There are bills in Congress that would fund the program, but nobody can agree where to get to money to do it. The $15 billion program funnels […]

The GOP tax cuts may add about 0.8 percent to GDP growth during the next 10 years, according to several budget models. But that’s economic growth for an economy that’s already heating up. And you know who you call when the economy gets too hot? The Federal Reserve. It’s the Fed’s job to come in […]

Low-income families with young children wouldn’t see a lot of benefit from the House or Senate tax overhauls, according to a new study from the left-leaning Tax Policy Center. It found the tax cut proposals tilt heavily toward middle- and upper-income families. That’s even if the final version of the tax overhaul increases the child […]

It looks like the Senate is going to vote on its ever-in-flux tax plan this week. Even though this bill could add up to $1.5 trillion to the deficit, there are consequences beyond just adding to the national debt. The Senate has something called pay-as-you-go rules, which basically say it has to offset revenue losses […]

States get creative as they await Congress to reauthorize funding for CHIP which ran out in September.