Latest Lael Brainard News
Biden to call in State of the Union for business tax hikes, middle class tax cuts and lower deficits
WASHINGTON (AP) — President Joe Biden is going into Thursday's State of the Union address with an expanded plan to raise corporate taxes and use the proceeds to trim budget deficits and cut taxes for the middle class. The Democratic president in this election year is refining the...
Biden administration names a director of the new AI Safety Institute
WASHINGTON (AP) — The Biden administration on Wednesday named a top White House aide as the director of the newly established safety institute for artificial intelligence. Elizabeth Kelly will lead the AI Safety Institute at the National Institute for Standards and Technology,...
IRS expects to collect hundreds of billions more in overdue and unpaid taxes thanks to new funding
WASHINGTON (AP) — The IRS is poised to take in hundreds of billions of dollars more in overdue and unpaid taxes than previously anticipated, according to new analysis released Tuesday by the Treasury Department and the IRS. Tax revenues are expected to rise by as much as $561...
