Legislation
Banks and Crypto: Congress Weighs Durable Rules Over Shifting Regs
Federal banking regulators have cycled through permitting, restricting, and again permitting crypto activities as presidential administrations have changed...
IRS Lacks Strategy as Tax Fraud Costs $116B-$304B Yearly
The federal government is losing between $116 billion and $304 billion every year due to tax fraud, a new Government Accountability Office (GAO) report,...
Private Equity's Growing Role in U.S. Insurance Industry
The rapid growth of private equity (PE) involvement in the U.S. insurance industry and the financial stability risks it may pose to policyholders,...
Tax Deduction Hike to 25% Could Cost Up To $200 Billion
Raising the Section 199A pass-through deduction from 20 percent to 25 percent would carry a federal revenue cost estimated between $69.3 billion and $199...
Corporate Tax Burden on Workers Remains Unresolved
Decades of research on whether corporate income taxes fall primarily on workers or investors has produced wildly conflicting conclusions that leave core...
IRS Data Lag Leaves Policymakers Without Recent Info
A recent Congressional Research Service (CRS) report published September 21 Policymakers are facing a critical blind spot because they currently lack IRS...
Tax Court Upholds Income Tax on Cryptocurrency Rewards
The tax code treats virtual currency as property, not currency, triggering income recognition events that many taxpayers never anticipated, according to a...
Six of 11 Federal Regional Commissions and Authorities Active
The Congressional Research Service report R45997 maps the structure, activities, legislative history, and funding history of 11 federal regional commissions...
Everything You Need to Know About the Earned Income Tax Credit
A Congressional Research Service (CRS) report updated September 14 explains the Earned Income Tax Credit (EITC), and who receives it.
USDA Section 32 Funds Farm Support, Child Nutrition Programs
USDA Section 32 channels customs receipts into agricultural support and child nutrition, putting the program’s statutory design alongside an unsettled...
House Panel Approves GSA Leases and Federal Building Upgrades
The House Committee on Transportation and Infrastructure approved a package of General Services Administration capital investment and leasing program...
Verification Questions Remain on Intergovernmental Support
Intergovernmental support agreements, or IGSAs, expanded across Defense Department installations from 45 in 2018 to 316 in 2025, while questions remain...
FY2027 Funding Elimination Proposed for SBA Women’s Centers
The Congressional Research Service’s report, “The Small Business Administration’s (SBA’s) Women’s Business Centers Program,” dated September 14, examines a...
Interagency Buying Lacks Government-Wide Reporting
The Economy Act gives federal agencies a way to obtain goods and services from other agencies, either through direct orders or another agency’s contracting...
House-Passed VA Funding Is $7.48B Below FY2027 Request
A new Congressional Research Service report examines Veteran's Affairs fiscal year 2027 appropriations, putting the presidential request, the House-passed...
Medicare and Medicaid Remain Central to U.S. Nursing Home Care
Medicaid and Medicare play outsized roles in funding and access to nursing home care in the United States. As of July, 14,693 long-term care facilities with...
Homeland Security Cuts Fall Short of $10.5B Savings Claims
The Department of Homeland Security (DHS) claimed that terminating contracts would save over $10.5 billion in costs, but a U.S. Government Accountability...
Gov't Management and Budget Proposes Automatic Grant Rule Changes
The Office of Management and Budget (OMB) and 41 federal grantmaking agencies have proposed a sweeping overhaul to how roughly $1 trillion in federal...