Senators Introduce Bipartisan Postal Reform Measure

A bipartisan group of senators introduced legislation this week to set the ailing U.S. Postal Service (USPS) on better financial footing and restore long-term reliable service across the country. The bill, introduced by Sens. Gary Peters (D-MI) and Rob Portman (R-OH), would relieve the USPS of $5 billion a year in mandatory retiree health-care expenses… Read more »

Treasury Unveils Plan to Close the Tax Gap

The Treasury Department today released a plan to raise an additional $700 billion through new enforcement measures, which could help the Biden administration pay for its multi-trillion spending proposals. The report describes a series of tax compliance initiatives to close the tax gap – the different between taxes owed to the government and those actually… Read more »

Senate Finance Debates Infrastructure Funding Options

While the White House continues to seek compromise with Republicans on President Biden’s sweeping $2.3 trillion infrastructure and jobs plan, the Senate Finance Committee held a hearing Tuesday to discuss funding options for large-scale infrastructure improvements. The White House continues to insist corporations should help pay for infrastructure with an increase to the corporate tax… Read more »

Senate Committee Deadlocks on Voting Rights Bill

The Senate Rules Committee deadlocked on Democrats’ sweeping voting rights, campaign finance and ethics bill (S. 1) in a markup Tuesday, previewing the firestorm ahead if Senate Majority Leader Chuck Schumer (D-NY) brings it to the floor this summer as promised. The For the People Act, which passed the House in March on a party-line… Read more »