Fiscal Fallout News Today : Breaking News, Live Updates & Top Stories | Vimarsana

♪ >> bret: but, first, breaking news tonight. the chairman of the house intelligence committee is describing president biden as a, quote: serial classified document hoarder. that comment from congressman mike turner comes after the fbi seized additional classified documents from the president's delaware home. turmoil over this scandal comments as white house chief of staff john kayleigh mcenany prepares to leave his job at the president's side. a big change in the white house now under peter doocy joins us. >> we learned tonight when the houses they are fully cooperating they mean ...

After filing a measure with the city council in the first week of the month, Mayor Wu last week continued her campaign to increase taxes for commercial properties, in an effort to protect residential owners from seeing a substantial increase in their own taxes. Commercial values in downtown Boston are declining as more businesses have adopted work from home, leaving offices

After filing a measure with the city council last week, Boston Mayor Michelle Wu continued her campaign Tuesday to increase taxes for commercial properties, in an effort to protect residential owners from seeing a substantial increase in their own taxes. Commercial values in downtown Boston are declining as more businesses have adopted work from home, leaving offices vacant.

The city’s eroding commercial tax base, driven by hybrid work practices that have left office buildings largely vacant, could leave Boston with a $1 billion-plus budget shortfall in 5 years, a scenario that may lead to higher taxes for residents.

Cuts with republicans. they want a flat debt ceiling increase and that might not fly. here is senior congressional correspondent chad pergram. >> it's a staring contest risking fiscal fallout. democrats demand republicans unveil their spending cuts. >> let the entirety of the house debate it and vote on it and let the american people see and assess these cuts for themselves prussians insist on deep reductions. >> the credit cards are maxed out. that's basically how you hit the debt ceiling. >> hawks caution the g.o.p. sass expirations are too lofty. >> if you wanted to balance the budget in th...