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Northrop Grumman CEO takes grilling over cost of James Webb telescope, being assembled in Redondo Beach

Congressional representatives this week delivered harsh words to Northrop Grumman CEO Wesley Bush over problems and cost overruns on the James Webb Space Telescope being assembled in Redondo Beach. On Wednesday it was announced the telescope would exceed the $8.8 billion price ceiling set by Congress in 2011 and take an additional two years, bringing […]

THE CONGRESS: Close Shave

Key Senate Republican deals major blow to deal on child tax credit, business tax cuts

The top Republican on the Senate's tax policy committee dug in Wednesday against a bipartisan tax deal, saying he has no intention of signing off on the House-passed measure without significant changes.

Child Tax Credit 2024 Update as IRS Poised to Expand Amount

Families could see more money in their pockets as a key tax bill arrives in the Senate.

Tracking The Latest On The House Tax Reform Plan

Tax Notes Capitol Hill reporters Cady Stanton and Doug Sword discuss the key provisions of the Tax Relief for American Families and Workers Act and its potential paths for passage in the Senate.