Newsletter

  • Number of the Day: $13 Billion

    That’s how much Microsoft founder Bill Gates would pay in federal taxes this year under Elizabeth Warren’s proposed wealth taxes, according to back-of-envelope calculations by CNBC’s Robert Frank (...

  • Sen. Van Hollen announces a bipartisan agreement on Turkey sanctions during a news conference in Washington

    Democrats Propose New Tax on Millionaires

    Two Democratic lawmakers unveiled a plan Thursday that would raise taxes on high-income households. Sen. Chris Van Hollen of Maryland and Rep. Don Beyer of Virginia are proposing a 10-percentage...

  • Chairman of the Senate Budget Committee Enzi waits for order to be restored during markup of the FY2018 Budget reconciliation legislation on Capitol Hill in Washington

    Senate Committee Approves Budget Reforms

    The Senate Budget Committee on Wednesday approved a bipartisan bill that aims to reform the federal government’s budget process. The Bipartisan Congressional Budget Reform Act “would provide a more...

  • Number of the Day: Federal Salaries Lag Private Sector by 27%, Report Says

    Salaries for federal employees are nearly 27% lower, on average, than those for their private-sector counterparts, according to figures reported Tuesday by the Federal Salary Council, an advisory...

  • Democratic presidential candidate Pete Buttigieg, Mayor of South Bend Ind., speaks to a crowd during a campaign event, Saturday,

    Pete Buttigieg's Path to Lower Hospital Prices

    Medicare for All and Elizabeth Warren’s plan to finance such a system have dominated the health-care debate in recent days, but it’s not the only proposal out there to expand coverage and bring down...