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The Latest Breaking News from Richard Neal

Congress Democrats Grill Treasury Secretary About Trump's $1.8B Anti-Weaponization Fund

Democrats on the Senate Finance Committee asked Treasury and IRS officials to explain their role in an "Anti-Weaponization Fund" for people who claim they were wrongly targeted by the Biden administration.

International Business Times

‘Dirty deal’: Trump bailed himself out of IRS trouble and got a $1.8B ‘slush fund’ for allies. Legal experts sound the alarm

IN FOCUS: Anyone cutting checks to Trump’s allies or throwing out tax investigations should start lawyering up, experts tell Alex Woodward

The Independent UK

Did Todd Blanche Give Donald Trump Tax Amnesty? Secret IRS Deal Discovered

A quietly filed Justice Department document has granted Donald Trump and his businesses sweeping protection from IRS audits, as part of a settlement that also created a $1.776 billion fund for alleged 'weaponization' of tax data.

International Business Times UK

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Did Trump's IRS settlement permanently shield his past tax matters? New clause sparks outrage- here's what the new clause is

A new settlement term bars the IRS from investigating President Trump, his family, and businesses for past tax issues. This extraordinary addition to a $10 billion lawsuit resolution permanently prevents claims or examinations arising from tax returns filed before the agreement. Critics have labeled the move "self-dealing" and "corruption."

The Economic Times

You’re no John F. Kennedy: RFK Jr. repeatedly reminded in House hearing that he’s a disappointment to the family name

ANALYSIS: Robert F. Kennedy Jr.’s conspiracy mongering has decimated American health infrastructure. But, writes Eric Garcia, the comparisons to JFK and Camelot only expose how ill-equipped the Democratic gerontocracy is to push back against him

The Independent UK

Trump reverses course and cuts tariffs on US food imports

Order exempting coffee, beef, bananas and other items comes as White House fights off concerns about rising costs

The Guardian - US

IRS Names Its First CEO: But He’s Also Still Running Social Security

Will this new role make it difficult to address emerging issues like budget and staffing cuts and customer service concerns?

Kiplinger

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Trump’s baby savings accounts are just a ‘back door to privatizing Social Security,’ treasury secretary admits

Democrats seized on the comment as a signal that Republicans want to privatize Social Security—an unpopular GOP idea that was floated 20 years ago and swiftly abandoned

The Independent UK

House Democrats Criticize GOP Funding Measure Over Broken Agreement

House Democrats express disapproval of GOP funding measure due to process, not content. Bipartisan agreement disrupted by Elon Musk and House Speaker. Chal...

Top News

McCarthy will not run for speaker again after being removed

Members told reporters that they expect to hold a candidate forum next Tuesday ahead of votes on a speaker, possibly as early as Wednesday.

WEKU

GOP bill: $24 billion tax cut for top 1%

The average member of the 1 percent would save $16,550 under the plan

Salon

Republicans get their IRS cuts; Democrats say they expect little near-term impact

While Republicans seek to make good on campaign promises to cut IRS funding through the proposed debt ceiling and budget cuts package now moving through Congress, Democrats are offering assurances that the spending cuts will have little impact on the federal tax collector

The Independent UK

Joe Biden to meet Northern Ireland leaders as US ‘nudges’ DUP to end Brexit stand-off

Huge security operation under way in Belfast as police recover pipe bombs in Derry

The Independent UK

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Roll Call

House passes parental school oversight measure - Roll Call

Republicans and Democrats in the House sparred over a parental oversight bill, setting up a 2024 election battle over public education.

The Independent UK

Trump used Freedom of Information Act request to slow IRS release of his taxes

Mr Trump had the authority to ask for the records during his presidency but instead used the Freedom of Information Act

Tribune News Service

Trump drops NY tax return fight because GOP ‘has no interest’

WASHINGTON — Former President Donald Trump has dropped a long-running court fight with Congress over access to his New York state tax returns, notifying a judge late Friday in a joint filing with a House committee that the new Republican leadership “has no interest” in the documents.

Chicago Sun-Times

Releasing Trump’s tax returns sets a dangerous precedent

The decision threatens the privacy of Democrats as well as Republicans.

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Reason

Democrats May Regret Compromising Taxpayer Privacy To Get Trump

The release of the former president’s tax returns sets a dangerous precedent.

ABC News

Donald Trump's White House-era tax returns have dropped. Here's what we learned

After fighting for years to keep them hidden, Donald Trump has his tax returns released to the public. They give an unvarnished look at the finances of the real estate mogul turned reality TV star, who broke decades of precedent by keeping his filings secret as president.

The Independent UK

Did Trump break the law with his taxes? How he got away with paying so little

Ex-president hits out after personal and business returns published by House committee revealing he pursued strategies to pay as little as possible between 2015 and 2020

Evening Standard

Trump tax returns: Former president ‘paid little or no tax’ in some years between 2015 and 2020

Newly realesed tax records for Donald Trump have revealed that in some years from 2015 to 2020 he paid little or no tax.

The Independent UK

House committee expected to release Trump's taxes Friday

Former President Donald Trump’s tax returns are expected to be released by the House Ways and Means Committee on Friday

Tribune News Service

Working moms thought it couldn’t get worse. Then along came 2022

As 2022 started, it felt like more of the same for America’s working mothers: a third year of Covid 19-related illnesses, disruptions and quarantines that left them barely juggling the balance of running a household while holding down a job.

Al Jazeera

US House committee votes to make Trump tax returns public

The Democrat-led panel voted in a closed session to release six years of records pertaining to the former president.

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