One of the many tax terms that may be hard to understand is a "federal tax credit." In simple terms, this type of credit is a benefit offered by the government to help reduce your tax liability.
President Biden issued an executive order on Monday to close federal agencies and offices next month in recognition of former President Jimmy Carter, who died Sunday at 100 in his home in Plains ...
As the co-heads of the newly created Department of Government Efficiency, or DOGE, billionaires Elon Musk and Vivek Ramaswamy are promising to slash at least $2 trillion from the federal budget.
Eugene Gologursky / Getty Images for The New York Times The Federal Reserve's plans for interest rate cuts in 2025 are up in the air as officials wait to see what policy President-elect Donald ...
Not sure how to find NewsNation on your TV? Find your channel here. Get 24/7 fact-based unbiased news coverage with the NewsNation app. (NewsNation) — President-elect Donald Trump has warned federal ...
President-elect Donald Trump warned federal employees last week that they must return to the office — or else “they’re going to be dismissed.” The threat was the latest and loudest signal ...
With an incoming presidential administration and a new Congress both starting up at the beginning of 2025, there are many unknowns about what’s to come for the federal workforce. But at least one ...
Photo: Jimin Kim/Dave Decker/Zuma Press The Federal Reserve’s decision to cut rates in December is puzzling yet also illuminating. It has given me greater appreciation for the many virtues of ...
Biden vetoed legislation to expand trial courts for first time in decades Bill lost Democratic support after election President Joe Biden vetoed legislation Monday that would have expanded US trial ...
Groups representing banks and businesses, including the Bank Policy Institute, have filed a lawsuit on Tuesday against the Federal Reserve for violating federal law with the "opaque aspects of the ...
The White House pointed to a host of changes President Biden ordered for federal law enforcement agencies. The Justice Department’s Civil Rights Division is enforcing 15 court-ordered oversight ...