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The Latest Breaking News from Jason Smith

Bipartisan tax deal could expand Child Tax Credit and extend business tax breaks

The legislation expands a popular child tax credit and applies to families with multiple children. It also speeds up some tax breaks for research and development expensing for corporations.

WEKU

Senators strike child tax credit deal

"Given today’s miserable political climate, it’s a big deal to have this opportunity to pass pro-family policy"

Salon

Tax panel leaders clinch deal on child credit, business breaks - Roll Call

Senate Finance Chairman Ron Wyden and House Ways and Means Chairman Jason Smith unveiled a roughly $78 billion tax deal Tuesday.

Roll Call

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Chief tax writers working to broaden appeal of tentative accord - Roll Call

A bipartisan, bicameral $70 billion tax agreement taking shape on the Hill is drawing mixed reviews, pointing to potential challenges ahead.

Roll Call

Growing reconciliation event Ngarrama returns to King Edward Park

The event, held on the eve of January 26, is in its third year.

Newcastle Herald

Man charged with sending millions of scam text messages

Australians are warned to be wary of text and email scams containing unsafe links after a man was charged with sending millions of fraudulent messages.

AAP

House GOP cites new Hunter Biden charges in impeachment push - Roll Call

House Republicans argued that a new Hunter Biden indictment bolsters the need for an impeachment inquiry resolution into President Joe Biden.

Roll Call

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Bipartisan consensus elusive on government retirees' benefits - Roll Call

There are renewed signs of life for an overhaul of much-maligned Social Security policies that cut some public workers’ retirement benefits.

Roll Call

IRS delays new online sellers’ tax reporting threshold - Roll Call

The IRS is postponing a lower threshold for reporting online sales and gig work by another year until 2024.

Roll Call

House Republicans continue ESG pushback

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the environmental, social, and corporate governance (ESG) trends and events that characterize the growing intersection between business and politics.

Ballotpedia

Proposition 5 on Texas ballot would create new endowment for ‘emerging’ research universities

If approved, the new fund would provide tens of millions of dollars to the University of Houston, Texas Tech, Texas State University and University of North Texas.

The Texas Tribune

'SALT' relief on the table in speaker negotiations - Roll Call

Rep. Jim Jordan is backing an increased cap on state and local tax deductions, according to Rep. Mike Garcia.

Roll Call

House Republican duo calls for fraud probe into federal anti-poverty program

Two Republican members of Congress say the federal government should investigate potential fraud in one of its largest anti-poverty programs

The Independent UK

US House Republicans hold first formal Biden impeachment hearing

House Republicans launched a formal impeachment hearing Thursday against President Joe Biden, promising to “provide accountability” as they probe the family finances and lucrative business dealings of his son Hunter and make their case to the public, colleagues and a skeptical Senate.

France 24

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The Independent UK

House Republicans release trove of 700 pages of documents in Hunter Biden whistleblower probe

Documents trove is far-right’s latest effort to cement support among their own party for impeachment

The Independent UK

House Republicans start making their case for President Biden impeachment inquiry at first hearing

House Republicans are making the case for pursuing an impeachment inquiry against President Joe Biden

Roll Call

Ways and Means votes to release more Hunter Biden documents - Roll Call

The Ways and Means Committee voted along party lines to release additional documents related to the investigation into Hunter Biden’s taxes.

Roll Call

House Republicans to call witnesses at first Biden impeachment probe hearing - Roll Call

House Republicans plan to have three witnesses testify Thursday at their first hearing on the impeachment investigation of President Biden.

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The Guardian - US

Hunter Biden pleads not guilty to tax and gun charges amid uncertainty over previous plea agreement – as it happened

Judge presiding over hearing involving US president’s son said she needed more time to evaluate previous deal

The Independent UK

GOP try to block Hunter Biden plea deal at Delaware court hearing

The last-ditch filing from Rep Jason Smith kicked off a firestorm in Delaware court, which culminated in the judge threatening to sanction Hunter Biden’s attorneys

The Independent UK

Hunter Biden's guilty plea is on the horizon, and so are a fresh set of challenges

President Joe Biden’s son, Hunter Biden, faced new challenges on the eve of a scheduled court appearance Wednesday in which he’s set to plead guilty in a deal with prosecutors on tax and gun charges

Tribune News Service

‘SALT’ shakes up House GOP tax package discussions

WASHINGTON -- House Republicans opposed to limits on deductions for state and local taxes are making their first stand in a move that could test their newfound power in the GOP conference.

Roll Call

'SALT' shakes up House GOP tax package discussions - Roll Call

House Republicans opposed to limits on deductions for state and local taxes are making their first stand that could test their influence.

Roll Call

Graves-led push on Social Security benefits gains traction - Roll Call

Nearly two-thirds of the House has signed onto a bill that would boost Social Security for public-sector workers with government pensions.

The Independent UK

Top Republicans are gearing up to investigate the Hunter Biden case. Here's what to know.

The Republican chairmen of three key House committees are joining forces to probe the Justice Department’s handling of charges against Hunter Biden after making sweeping claims about misconduct at the agency

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