The Internal Revenue Service announced on Tuesday it will have completed processing all original individual tax returns received in 2021 by the end of the week. The update marks a major milestone for the agency, which has been hampered by a massive backlog since the coronavirus pandemic began more than …
Read More »The Food and Drug Administration will soon announce how it plans to increase imports of infant formula from abroad, as U.S. parents and babies grapple with a formula shortage sparked in part by the closure of an Abbott facility in Michigan. But President Biden will not be invoking the Defense …
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The Florida Department of Education is rejecting just under half the math textbooks submitted for inclusion in the next school year’s curriculum, CBS Miami reports. Reasons for rejecting the books include references to “critical race theory” and inclusions of common core. The department found that 41 percent of the books …
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Washington — President Biden and the Justice Department announced new steps Monday aimed at combating gun crimes, including a rule targeting the manufacture and sale of so-called “ghost guns,” or homemade firearms that lack serial numbers and are difficult to trace. The new rule will require ghost guns, which can …
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Washington — Defense Secretary Lloyd Austin has approved requests from the D.C. Metropolitan Police Department and the U.S. Capitol Police for National Guard assistance ahead of trucker protests expected to arrive in the area soon. Up to 700 National Guard personnel will be deployed to help control traffic at designated …
Read More »Senate Republicans are blocking all President Biden’s nominees for the Federal Reserve from advancing as they raise questions over his pick to be the top banking regulator. In a statement early Tuesday, ranking member Pat Toomey announced Republicans would not attend the meeting, meaning Democrats would not have the quorum …
Read More »After months of setbacks, President Biden is looking to chart a path forward for passage of his spending agenda. But while the president indicates he’s willing to break up the Build Back Better Act to get it done, Democrats may be starting from scratch with negotiations on Capitol Hill. On …
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Watch the CBSN Originals documentary “The Student Debt Dilemma” in the video player above. Washington — The Department of Education announced Wednesday it would be relaxing requirements for a student loan debt relief program for public-sector workers, a move the Biden administration estimates will benefit more than 550,000 teachers, members of the …
Read More »The wealthiest 400 families in the United States are paying an average income tax rate of just 8.2%, according to a new analysis from the Biden administration. President Joe Biden and Democrats are pushing to raise taxes on the richest Americans as they look for ways to pay for their …
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Supreme Court Justice Clarence Thomas on Thursday criticized some in the judiciary for veering into the role of legislators and politicians, saying it’s not for judges to make policy or to base decisions on their personal feelings or religious beliefs. In an address at the University of Notre Dame, the …
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