President Joe Biden on Oct. 24 delivered what he dubbed his “closing arguments” to voters ahead of the November midterms, claiming that Republicans would “crash the economy” in an effort to get him to cut Social Security and Medicare. “The Republicans have made it clear that if they win control of the Congress, they will…
Longtime Rep. Kevin Brady Not Seeking Another Term
A U.S. representative in office since 1997 will not run for another term in 2022, he announced on Wednesday. “I am retiring as your Congressman. This term, my 13th, will be the last,” Rep. Kevin Brady (R-Texas) told the Woodlands Area Chamber of Commerce in Houston. “I set out to give my constituents the representation you…
Biden Administration Eyes Raising Corporate Tax Rate to Pay for Stimulus
WASHINGTON—The Biden administration has signaled that it could introduce gradual tax hikes to help pay for spending initiatives, drawing criticism from Republicans who worry that tax increases would hurt the economy. As part of his campaign promise, President Joe Biden proposed raising the federal corporate tax rate to 28 percent from the current 21 percent. And…
US House Republican Kevin Brady Tests Positive for COVID-19
WASHINGTON—U.S. Rep. Kevin Brady (R-Texas), the top Republican on the House of Representatives tax-writing Ways and Means Committee, said on Tuesday that he had tested positive for coronavirus weeks after receiving a first dose of the Pfizer COVID-19 vaccine. Brady, 65, is the second House member to report testing positive for the virus this week….
GOP Rep. Kevin Brady Tests Positive for COVID-19
WASHINGTON—U.S. Rep. Kevin Brady (R-Texas), the top Republican on the House’s tax-writing Ways and Means Committee, says he’s tested positive for coronavirus, weeks after receiving a first dose of the Pfizer COVID-19 vaccine. Brady, 65, is the second House member to report testing positive for the virus this week. An aide to Rep. Kay Granger…
This Is When Americans Can Expect to Receive $600 Stimulus Payments: Top House Republican
Congress on Monday night passed a $900 billion CCP virus stimulus package that included $600 stimulus payments for certain individuals. The $600 per person, which is half the $1,200 that was directed to most adults in March, should be distributed to bank accounts next week, said Treasury Secretary Steven Mnuchin in a televised interview on…
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