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Treasury’s Janet Yellen Is Being Tested by Debt Limit Fight

Ms. Yellen’s task has been complicated by the fact that while she can readily convey the economic risks of default, the debt limit has become wrapped up in a larger […]




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In Push to Tax the Rich, White House Spotlights Billionaires’ Tax Rates

WASHINGTON — President Biden is leaning into his push to increase taxes on the rich as he seeks to unify Democrats in the House and Senate behind a $3.5 trillion […]




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Proposed Tax Changes Focus on the Wealthy

So how do you define who’s wealthy?The latest proposed tax changes from the House Ways and Means Committee essentially say a wealthy individual is someone who earns $400,000 a year […]




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How Accounting Giants Craft Favorable Tax Rules From Inside Government

This year, Mr. Harter returned to PwC.“I fully complied with Treasury Department conflicts rules by not meeting with PwC representatives” during a two-year “cooling off” period that restricts government officials […]




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The Trump Prophets Regroup

Beyond the spiritual test of unrealized prophecies, there are very earthly stakes here: Under Mr. Strang’s stewardship, Charisma had grown from a church magazine to a multipronged institution with a […]




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Poverty in U.S. Declined Thanks to Government Aid, Census Report Shows

The share of people living in poverty in the United States fell to a record low last year as an enormous government relief effort helped offset the worst economic contraction […]




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In Social Policy Bill, Businesses See a Lot to Like. They Oppose It.

“People say they’re for this new stakeholder economy, that they’re committed to sustainability,” said Mr. Hollender, now the chief executive of the liberal American Sustainable Business Council. “But at the […]




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$10 Billion in Student Loan Debt Erased Under Biden, but Calls Grow for More

Finally, on Tuesday, an email arrived saying she had receive a 100 percent discharge.“I cried,” said Ms. King, who hopes she can now afford computer classes at her local community […]




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Biden’s New Vaccine Push Is a Fight for the U.S. Economy

WASHINGTON — President Biden’s aggressive move to expand the number of vaccinated Americans and halt the spread of the Delta variant is not just an effort to save lives. It […]




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$10 Billion in Student Debt Erased Under Biden, but Calls Grow for More

Finally, on Tuesday, an email arrived saying she had receive a 100 percent discharge.“I cried,” said Ms. King, who hopes she can now afford computer classes at her local community […]