A bill that would try to abolish the Internal Revenue Service (IRS) and eliminate federal income tax was reintroduced on Tuesday by Georgia Republican Rep. Buddy Carter.
A vote on the bill, labeled the Fair Tax Act, was part of a deal that was negotiated between the House Freedom Caucus and Speaker Kevin McCarthy during his quest for the speakership.
The Act “will eliminate the need for the IRS by simplifying our tax code with provisions that work for the American people,” Carter said on Twitter.
The current federal income tax scheme would be replaced with a single nationwide consumption tax. The Office of Management and Budget criticized the bill and said it would only benefit certain taxpayers.
“With their first economic legislation of the new Congress, House Republicans are making clear that their top economic priority is to allow the rich and multi-billion dollar corporations to skip out on their taxes, while making life harder for ordinary, middle-class families that pay the taxes they owe,” the Office of Management and Budget said in a statement.
The vote comes after House Republicans passed a bill Monday evening that would prevent plans to fund 87,000 new IRS agents, originally included in the Inflation Reduction Act that Democrats passed last year.
A date has not been set for the vote on the Fair Tax Act. However, both bills are unlikely to pass in the Democratic-controlled Senate.
The Supreme Court on Thursday preserved the system that gives preference to Native American families in foster care and adoption proceedings of Native children, rejecting a broad attack from some Republican-led states and white families who argued it is based on race.
The U.S. Department of Agriculture said Wednesday it hopes to weed out false or misleading animal-welfare claims on meat and poultry packaging with new guidance and testing.
New York City is paying to house newly-arrived migrants in hotel rooms. Cheddar News takes a closer look at one of the hotels, the Holiday Inn, which is housing about 15,000 migrants over the next 15 months.
We've been closely following the migrants that were sent to various cities across the United States. Now New York City is paying for hotel rooms for migrants who were sent there. Cheddar's own Ashley Mastronardi has a closer look at one of the hotels.
Illinois Governor J.B. Pritzker signed a bill that stops public schools and libraries from banning books.
The Biden administration reached a deal to preserve a federal mandate requiring health insurers to cover preventive care at no extra cost for patients.
Former President Donald Trump arrives for his arraignment in Miami.
The government can keep enforcing “Obamacare” requirements that health insurance plans cover preventative care — such as HIV prevention, some types of cancer screenings and other illnesses — while a legal battle over the mandates plays out, under a court agreement approved Tuesday.
Two men who were active-duty members of the Marines Corps when they stormed the U.S. Capitol pleaded guilty on Monday to riot-related criminal charges.
The Human Rights Campaign, for the first time in its 40-year history, declared a state of emergency for the LGBTQ+ community as anti-LTBTQ+ sentiment is on the rise. Cheddar News explains.
