CNBC Politics
Biden budget would cut deficit by $3 trillion over next decade with 25% minimum tax on richest Americans
Biden proposes to impose a minimum tax of 25% on the rich, hike taxes on oil and gas companies and raise the corporate tax rate from 21% to 28%.
Economists, activists warn lawmakers of looming debt default if Congress cannot agree to raise the debt ceiling
Experts testified to lawmakers about the economic dangers of allowing the government to default on its debt obligations
Biden budget would cap monthly insulin prices at $35 for people with private insurance
About 40% of people with diabetes have private insurance while 5% are not insured, according to the American Diabetes Association.
Biden budget seeks $27.2 billion for NASA, with increases for moon and Mars programs
In addition to $8.1 billion for NASA's lunar Artemis program, Biden also aims to allocate funds for a mission to return Mars rock and soil samples.
Biden budget includes $24 billion for conservation and protecting communities from climate disasters
A bulk of the spending goes toward cutting pollution, boosting disaster resilience, conservation and advancing clean energy innovation across the country.
President Biden’s proposed 2024 budget calls for top 39.6% tax rate
President Joe Biden is proposing higher taxes on wealthy Americans to help cover priorities like Medicare and Social Security in his 2024 budget.
House Republicans target the CFPB as the agency takes aim at 'junk fees'
Lawmakers questioned the CFPB's oversight of "junk fees" during a hearing of the House Financial Institutions and Monetary Policy Subcommittee.
Mitch McConnell suffered concussion after fall, will stay in hospital for 'a few days,' his office says
McConnell, 81, is expected to remain hospitalized "for a few days of observation and treatment," his spokesman said.
Senate confirms Daniel Werfel as IRS commissioner in bipartisan vote
Werfel will take the helm at the tax agency during a period of increased scrutiny from the new Republican majority in the House.
Biden wants more money for the FAA after air travel disruptions
The Biden administration is seeking additional funding for the FAA to boost hiring of air traffic controllers and facilitate other improvements.
Inside the mind of criminals: How to brazenly steal $100 billion from Medicare and Medicaid
Medicare fraud runs the gamut: billing for unapproved Covid tests, genetic testing fraud, home health-care billing and a host of other schemes.
Oklahoma Republican tells Teamsters president 'shut your mouth' in terse exchange at Senate hearing
The tense back-and-forth between O'Brien and Sen. Markwayne Mullin, R-Okla., escalated into a screaming match.
U.S. says it doesn't want to separate its economy from China's
The U.S. is pushing back on the idea it wants to suppress China, according to a State Department spokesperson's comments.
House Democrats push back against GOP bill to abolish IRS, impose national sales tax
Democratic Reps. Eric Sorensen of Illinois, Wiley Nickel of North Carolina and Brittany Pettersen of Colorado push back against the GOP's national sales tax.
Comedian sues Ocasio-Cortez for blocking him on Twitter after he catcalled her outside U.S. Capitol
A suit against Rep. Alexandria Ocasio-Cortez for blocking a provocateur on Twitter cites a federal appeals court ruling against Donald Trump in a similar case.
U.S. intel chiefs warn Putin is expanding his nuclear weapons arsenal as the war in Ukraine drags on
The warning comes as Russia intensifies its now year-long fight in Ukraine and as Putin threatens to withdraw from a key nuclear arms treaty.
Russia tried to influence U.S. elections in 2022 and will do it again, nation's top intel agency says
Moscow will also work to "strengthen ties" to Americans in media and politics to carry out "future influence operations," the nation's top spy agency assessed.
Watch live: America's top spymasters testify on global threats before Senate Intelligence Committee
Miami's popular Republican Mayor Suarez weighs GOP challenge to Trump for White House in 2024
Miami Mayor Francis Suarez has been huddling with some of the GOP's biggest political donors and leaders to discuss a possible run for president.
Pagination
Get the latest news, commentary, and video for political events, politics, and the government.
Subscribe to CNBC Politics feed
#channel