Skip to content
Search

Latest Stories

US Politics In 60 Seconds

Get insights on the latest news in US politics from Jon Lieber, head of Eurasia Group's coverage of political and policy developments in Washington

Presented by

Closing tax loopholes: How US Congress will fund spending bill

Jon Lieber, head of Eurasia Group's coverage of political and policy developments in Washington, DC, shares his analysis on US politics.

How is Congress planning on raising your taxes to pay for their new spending bill?

The short answer is they aren't. The new spending deal being negotiated by Senate leaders relies on several provisions that raise revenue for the federal government, by allowing lawmakers to claim they aren't raising taxes at all. How's that? By closing what policymakers consider loopholes in the tax code.

Keep reading...Show less

More from US Politics In 60 Seconds

Trump skips debate

Trump skips debate

GZERO Series

The Regime in the Wild, for Sir David Attenborough

Puppet Regime

Puppet Regime
Why the US-China summit changed very little

Quick Take

Quick Take
Did the US actually stabilize Venezuela?

ask ian

ask ian
Why Trump can't find the exit ramp in Iran

Ian Explains

Ian Explains
What spies can teach us about persuasion

GZERO Reports

GZERO Reports
Is UK PM Keir Starmer finished?

GZERO Europe

GZERO Europe
Hormuz standoff: Who blinks first?

The Debrief

The Debrief
Understanding AI in 2025 with Global Stage

Global Stage

Global Stage