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Congress reveals a significant tax agreement to increase the child tax credit and reintroduce business breaks

January 18, 2024
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On Tuesday, senior lawmakers in Congress unveiled a bipartisan deal aimed at expanding the child tax credit and introducing several tax breaks for businesses. The $78 billion tax agreement, brokered by House Ways and Means Chair Jason Smith (R-Mo.) and Senate Finance Chair Ron Wyden (D-Ore.), comes after months of negotiations in the divided Congress.

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McCarthy confronts key decisions as Congress hurtles toward government shutdown

September 25, 2023
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With a government funding deadline just six days away, House Speaker Kevin McCarthy faces a critical decision: Does he risk a government shutdown to preserve his leadership, or does he defy hardline Republicans and collaborate with Democrats? This pivotal moment has been brewing for months. To appease his critics, McCarthy has allowed Republicans to move forward with voting on several appropriations bills this week, even though they are expected to be rejected in the Democratic-controlled Senate.

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Mexican Congress holds hearing on UFOs featuring purported ‘alien’ bodies

September 14, 2023
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During an unprecedented congressional hearing on UFOs in Mexico, lawmakers were presented with testimonies and alleged remains of non-human beings. The hearing focused on Unidentified Anomalous Phenomena (UAP) and featured artifacts claimed by journalist and UFO enthusiast Jaime Maussan to be extraterrestrial corpses.

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Peter Navarro: Ex-Trump adviser convicted of contempt of Congress

September 8, 2023
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Peter Navarro, a former Trump aide, has been found guilty of contempt of Congress for his refusal to cooperate with an inquiry into alleged attempts to overturn the 2020 election outcome. Navarro faces potential imprisonment for up to a year for each of the two contempt charges. Steve Bannon, another prominent Trump ally, was convicted of contempt of Congress last year.

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Congress approves debt deal, warding off a US default

June 2, 2023
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The US Congress has approved a deal to boost the user's borrowing restriction, days earlier than the arena's biggest economy because of default on its debt.