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Kevin Freking

Kevin Freking

Inc.com

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Congressional leaders push out $1.2 trillion budget bill for a vote before shutdown deadline

The package, which is expected to pass, will wrap up Congress' work on spending bills for the year — nearly six months after the fiscal year began.

21.03.2024 30

Fortune

Kevin Freking

House overwhelmingly votes to ban TikTok if its Chinese owner doesn’t sell

The bill, passed by a vote of 352-65, now goes to the Senate, where its prospects are unclear.

13.03.2024 10

Fortune

Kevin Freking

TikTok bill that could lead to a U.S. ban is set to pass the House—but its path is uncertain in the Senate

President Joe Biden has said if Congress passes the measure, he will sign it.

13.03.2024 30

Fortune

Kevin Freking

Senate clears $460 billion spending bills package, averting a partial government shutdown

Republicans were able to keep non-defense spending relatively flat compared to the previous year.

09.03.2024 7

Fortune

Kevin Freking

TikTok clampdown bill is advancing quickly in the House

Some lawmakers and critics of TikTok have argued the Chinese government could force the company to share data on American users.

08.03.2024 30

Fortune

Kevin Freking

House passes $460bn spending package to fund the government through September and the Senate is expected to act before shutdown deadline

In the end, total discretionary spending set by Congress is expected to come in at about $1.66 trillion for the full entire year.

07.03.2024 10

Fortune

Kevin Freking

House scuttles hope of expanding tax deduction Republicans say penalizes married couples

Taxes are shaping up to be a significant campaign issue.

15.02.2024 3

Fortune

Kevin Freking

‘We beat 15 Democrats…with a woman, a minority candidate or a veteran’: Why Republicans are working to recruit diverse candidates as they criticize DEI

Republicans are hoping the gains they made in the 2022 midterm elections will continue with their latest slate of candidates.

12.02.2024 8

Fortune

Kevin Freking

House passes $79bn bill to increase child tax credits and boost three key tax breaks for business

For a House that has struggled to get bills of consequence over the finish line, the tax legislation could represent a rare breakthrough.

01.02.2024 6

Fortune

Kevin Freking

'It's like almost universal fraud in the program': Lawmakers race to wind down COVID-era employee retention tax credit

What was expected to cost the federal government $55 billion has instead ballooned to nearly five times that amount.

27.01.2024 10

Fortune

Kevin Freking

'We're all in this boat together. The boat is sinking': House GOP moves to tackle $34 trillion national debt with bipartisan commission

Sens. Joe Manchin, D-W.Va., and Mitt Romney, R-Utah, have sponsored a companion measure in the Senate.

19.01.2024 5

Fortune

Kevin Freking

Business tax breaks and an enhanced child tax credit are on the menu as bipartisan group of lawmakers push to pass bill before IRS season

The roughly $78 billion in tax cuts would be paid for by more quickly ending a tax break Congress approved during the COVID-19 pandemic that...

17.01.2024 10

Fortune

Kevin Freking

Congressional leaders agree on spending levels for 2024 in big step to avoid government shutdown

The agreement largely hews to spending caps for defense and domestic programs that Congress set as part of a bill to suspend the debt limit until...

08.01.2024 10

Fortune

Kevin Freking

The homeless crisis is getting worse with a 12% rise to a new to record high amid an 'extraordinarily challenging' rental market

About 653,000 people were homeless, the most since the current survey method was started in 2007.

16.12.2023 3

Fortune

Kevin Freking

Rep. George Santos becomes only the 6th Congress member in U.S. history to be expelled from his job by colleagues

Santos joins three Congress members expelled after the Civil War and two who were convicted of federal crimes.

01.12.2023 5

Fortune

Kevin Freking

Serial liar Rep. George Santos won't seek reelection after ethics report says he wired campaign donations to his personal bank account

The House could vote on his expulsion as soon as it returns from the Thanksgiving holiday later this month.

16.11.2023 3

Fortune

Kevin Freking

House Ethics panel finds 'substantial evidence' that George Santos broke the law, refers finding to DOJ

The ethics panel said Santos did not cooperate and “evaded” requests for information, but then provided "material misstatements."

16.11.2023 3

Fortune

Kevin Freking

Matt Gaetz says he'll seek to oust Kevin McCarthy as House speaker: 'We need to rip off the Band-Aid'

With a government shutdown avoided, McCarthy may now need votes from some Democrats to keep his job.

01.10.2023 4

Fortune

Kevin Freking

House Speaker McCarthy refuses to take up Senate bill to avert government shutdown, virtually guaranteeing one

Congress is at an impasse just days before a disruptive federal shutdown that would halt paychecks for many of the federal government's roughly 2...

29.09.2023 6

Fortune

Kevin Freking

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