Top GOP lawmakers Virginia Foxx and Richard Burr cited Biden's "lack of transparency and cooperation" on what federal student-loans cost taxpayers.
The $53 billion student-loan loss estimate is a jump from last year's budget projection of a $15 billion loss on outstanding student debt.
IRS Commissioner Chuck Rettig said Americans shouldn't fail to report the income earned or taxes due from virtual-currency transactions.
Insider used Current Population Survey data from IPUMS to get an estimate of how many households may be eligible for the child tax credit.
A cost-benefit analysis found that Biden's child tax-credit expansion would cost $100 billion annually but produce $800 billion in societal benefits.
LONDON -- The UK's tax collector has paid...
Protecting the president isn't easy or cheap...
VIDEO: Americans have been receiving tax bills in their inbox -- except the IRS does not contact taxpayers via email. The fake bills are the latest in a string of fraudulent scams targeted at taxpayers.
American taxpayers are paying more than ever to...
The U.S. has the world's highest incarceration...
Climate change is a new addition to the 30 “high” risks confronting federal government finances, according to a report issued Thursday by the Government Accountability Office.
[credit provider=”YouTube Screenshot” url=”http://www.youtube.com/watch?feature=player_embedded&v=075ApRAzpak”] SACRAMENTO, Calif. (AP) — Gov. Jerry Brown has begun aggressively challenging federal court oversight of California’s prison system by highlighting what he says is a costly conflict of interest: The private law firms representing inmates and the judges’ own hand-picked authorities benefit financially by keeping the […]
[credit provider=”statigr.am/laurenvrussie” url=”http://statigr.am/laurenvrussie”] Every January, American taxpayers look forward to tax season with one of two feelings: horror or happiness.Horror, of course, applies to those expecting to owe Uncle Sam a chunk of change. And then there are the happy households that will divvy up the estimated $230 billion the […]
[credit provider=”Flickr via logatfer” url=”http://www.flickr.com/photos/logatfer/6687508769/sizes/l/in/photostream/”] Since Congress waited till the 11th hour to cut a deal on Fiscal Cliff tax changes, the IRS has been forced push back the start of tax season this year.The agency will start processing individual income tax returns on Jan. 30, eight days later than […]
Quick, how many billions in the red are taxpayers on the bailout of GM? AIG? Fannie and Freddie? Is it true that the government has reaped a profit from bailing out the banks?
[credit provider=”www.francis” url=”http://www.francis-bacon.com/”] For the financial markets, the situation in Europe can’t get bad enough. The worse it gets, the higher the likelihood that more taxpayer funds will be pumped into the system. These funds will not achieve their ostensible goal, which is to “heal” the economies of the countries […]
[credit provider=”U.S. Army 1st Lt. Sarah Cleveland” url=”http://www.boston.com/bigpicture/2008/12/scenes_from_guantanamo_bay.html”] Guantánamo Bay is undergoing millions of dollars of upgrades that could prepare it to remain open indefinitely, reports Michael Isikoff of NBC News.As of this week the U.S. detainment and interrogation facility opened a $750,000 soccer field for detainees, installed cable television in a […]
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