The DOJ is suing GOP Sen. Jim Justice and his wife for more than $5.1 million in back taxes, penalties and interest at the request of the IRS, who says it was repeatedly rebuffed by West Virginia’s former first couple. news.bloomberglaw.com/litigation/w...

House Republicans' slim majority will dip just before Congress' next spending deadline, complicating the GOP's already difficult task of muscling through party-line legislation.

A bipartisan group of House lawmakers are pushing legislation to extend enhanced Obamacare tax credits for two years with some restrictions, adding to the wide range of proposals to address the threat of rising premiums next year.

New: The GOP's budget law could unlock billions in cheaper financing for spaceports, Congress' latest move to help companies owned by the world’s wealthiest men in the US's bid to out-muscle Russia & China in space. A dispatch from Merritt Island, FL: news.bloombergtax.com/daily-tax-re...

Lawmakers are heading to the exits for Thanksgiving recess without a solid plan to address rising health insurance premiums for Obamacare enrollees at the end of the year.

Guidance documents on bonus depreciation, tax-exempt status, and international topics are among a barrage expected in the coming months from the Treasury Department and IRS, Ken Kies, assistant Treasury secretary for tax policy, told tax executives.

Scoop: Tax writers & lobbyists are ramping up efforts to keep the work opportunity tax credit before it expires Dec. 31. Sen. Cassidy and Rep. Smucker reintroducing WOTC plus-up w/ 5-year extension indexed to inflation + Kaine/Boozman's military spouses bill. news.bloombergtax.com/daily-tax-re...

On this week’s Talking Tax episode, reporters Zach C. Cohen and Erin Durkin discuss next steps for appropriating funds for the IRS and Treasury after current funding runs dry Jan. 30, and potential legislative solutions to rising health-care premiums.

"Mr. Khashoggi’s death was a tragedy and a crime. His life and work deserve truth, transparency, and unwavering recognition of the principles he upheld." Read our full statement on President Trump's remarks on the murder of Jamal Khashoggi at the link: www.press.org/newsroom/nat...

The Trump administration has an uphill battle to find its next pick for the top IRS attorney position, after the president in a surprise move withdrew Donald Korb’s nomination days before his expected Senate confirmation vote.

The House of Representatives released its 2026 calendar, including its plan to spend nearly all of August and October in their districts ahead of the midterm elections. See the full calendar: bit.ly/4nYFj5p

Republicans are workshopping solutions to rising health insurance premiums, including health savings accounts and a pharmacy benefit overhaul, as the debate over expiring Obamacare tax credits continues in Congress.

The US Chamber of Commerce's head of government affairs is in the thick of K Street's version of Mission Impossible: recharging the influence of Washington's biggest business lobby.

“The court waited for almost a year with repeated delays before this decision was handed down. It shows that this case was a political decision, and demonstrates that there’s really no legal basis for my father’s conviction.” From Yifu Dong, speaking about his father's situation.

President Donald Trump pulled his nominee to be the IRS’s top attorney days after getting blowback from a prominent member of his political movement, derailing plans to confirm the longtime tax lawyer next week.

Congressional stock trading will get a long-sought hearing next week as momentum builds around legislation to bar lawmakers from the practice.

Last night, we were honored to host some of the individuals working to @savevoa.bsky.social for a conversation about their advocacy and how it connects to protecting press freedom around the world. #JournalismIsNotACrime #SaveVOA

"Great nations do not fear reporters — they protect them." Read Press Club President @mikebalsamo.bsky.social's statement on the decision by the Beijing High Court to uphold the seven-year sentence against journalist Dong Yuyu. #JournalismIsNotACrime #FreeYuyu www.press.org/newsroom/pre...

The longest government shutdown in U.S. history is officially over. Join BGOV experts to explore how the deal came together, the political implications going forward, and what to expect next. Join Bloomberg Government’s upcoming webinar, The Post-Shutdown Agenda. bit.ly/48i9Fub

The end of the longest-ever government shutdown in US history will fully staff a battered IRS, which will be racing to play catch up and prepare for the first tax-filing season under the new GOP tax law.

Republicans won the shutdown, but now face a health-care hangover as premiums set to soar for tens of millions heading into an election year (Gift link) www.bloomberg.com/news/article...

We celebrated The Eagle’s *100th year* of publication at the National Press Club last week. What a pleasure to see ~150 of the staff, alumni, & supporters of the student-run newpaper celebrating independent journalism at American University. 📸 via Matheus Kogi Fugita Abrahão

The House passes a temporary funding measure to end the longest US government shutdown, sending the bill to Trump for his signature. bloom.bg/47S3KeN 📷: Graeme Sloan/Bloomberg

Scoop: Senate panel vote on legislation expanding the CFTC's authority to regulate digital assets will likely have to wait until at least next month despite progress this week. Senate Ag Chair Boozman: “We lost a little bit of ground with the shutdown.” news.bloombergtax.com/daily-tax-re...

Sens. Risch/Shaheen after mtg w/ Syrian President al-Sharaa: "We will work to ensure all wrongfully detained Americans under the ruthless Assad regime, like Austin Tice, are found and returned to their families. We will not rest until every American is found and brought home." #BringAustinHome

The White House expressed support for the bipartisan deal to end the US shutdown, a key development that makes it likely the government reopens within days.

A record-setting 41-day US government shutdown is on a path to end as soon as Wednesday after the Senate passed a temporary funding measure backed by a group of eight centrist Democrats.

Tickets are going fast for Wednesday evening's Cocktails and Conversations event with the folks working to @savevoa.bsky.social! Reminder - this event is for National Press Club members and their guests only. Get your tickets here: www.eventbrite.com/e/press-free...

The deal to end the shutdown, if passed by Congress and signed by President Donald Trump, would give IRS workers some reprieve—at least for now.

“I’m glad we can all do our part to bring Austin home. There’s a lot of work to do and every step counts.” Read all about this weekend's virtual #RunForAustin 5k at the link: www.press.org/newsroom/nat...

Speaker Mike Johnson (R-La.) urged lawmakers to start returning to Washington immediately in anticipation of a midweek vote to end the shutdown, warning they could face flight delays caused by the ongoing funding lapse.

Shares in health insurers are falling in premarket trading as lawmakers advance a deal to end the longest shutdown in US history without securing an extension of enhanced premium tax credits, @subrat-patnaik.bsky.social reports.

The eight senators who caucus with Democrats and voted yes in a key procedural step to end the government shutdown are free from having to run for reelection next year.

The US Senate took a major step toward re-opening the government after a group of moderate Democrats broke with their party leaders and voted to support a deal to end the record-breaking shutdown.

Lawmakers released three government-funding bills Sunday, as Republican senators sought to entice Democrats to support a broader plan to end the 40-day government shutdown.

House Democrats across the political spectrum oppose a Senate funding bill to reopen the government, intensifying friction between Democrats in each chamber.

A stopgap measure proposed by Senate Republicans to end the longest-ever government shutdown would fund agencies through Jan. 30 and bar President Donald Trump from firing federal workers during that time.

We showed up for Austin Tice today, because we will not rest until we #BringAustinHome. So great seeing everyone at the #RunForAustin 5K at the National Press Club. Kudos to the @pfc-npc.bsky.social for organizing such an important event. (Photos courtesy of @technewslit.bsky.social)

Tomorrow's the day! Sign up for the #RunForAustin 5k and pledge your support for Austin Tice, the longest-held American journalist. runsignup.com/Race/DC/Wash...

Senators are gearing up for potential rare Friday votes with more possible through the weekend as talks continue over a path to reopen the government.

Breaking: The IRS will end a government-run option for filing your taxes for free in favor of boosting options offered by private tax preparation software companies, the Treasury Department told Congress in a long-expected report. news.bloombergtax.com/daily-tax-re...

Only two days left to register for the 2025 virtual #RunForAustinTice 5k! Register at the link and show your support for Austin Tice, the longest held US journalist, and his family. #JournalismIsNotACrime runsignup.com/Race/DC/Wash...

Ambitious Treasury Department and IRS plans to roll back tax regulations that business doesn’t like could stall as the agencies tackle rules implementing the huge GOP tax law and deal with government-shutdown hiccups.

Florida is at the center of the fight over ACA tax credits that’s spurred the longest shutdown in US history, forcing lawmakers to balance their desire for a deal with their aversion to ceding political ground. A dispatch from Orlando & Melbourne: news.bloombergtax.com/daily-tax-re...

The IRS told its state partners this week that the Biden-era Direct File tool won’t be offered for the 2026 tax filing season.

The House GOP whip team has been making house calls to top lobbying firms during the government shutdown in an effort to strengthen ties between lawmakers and corporate interests with high stakes in legislation.

Lawmakers seeking to end the government shutdown in the coming days still need to grapple with the thorny issues around the future of the Obamacare tax credits.

The Senate failed to advance a GOP-backed stopgap funding bill for the 14th time on Tuesday as bipartisan talks about an off-ramp happen behind the scenes.

On International Day to End Impunity for Crimes Against Journalists, we remember Victoria Roshchyna, Issam Abdallah, and so many others. #JournalismIsNotACrime

Only one week left to sign up for the virtual #RunForAustinTice 5k! Register at the link: runsignup.com/Race/DC/Wash...