Tax payers are getting less bang for their buck in 2023. The IRS said the government has so far issued $172 billion in refunds. That's down 9 percent from a year ago, and the average refund is down from roughly $3,2000 to $2,900. However, the overall number of people to get refunds is up 3 percent.
Why not tax the millionaires? That question won't seem to go away as Congress begins drafting a package of tax breaks and spending cuts for President Donald Trump’s “big, beautiful bill."
X, the social media platform owned by Trump adviser Elon Musk, is challenging the constitutionality of a Minnesota ban on using deepfakes to influence elections and harm candidates.
Elon Musk intends to focus more on his job as Tesla CEO, but it’s unclear if the billionaire will be able to solve a big problem of his own making.
President Donald Trump said Tuesday he has no plans to fire Federal Reserve Chair Jerome Powell, just days after saying he would like to fire him.
Starting next month, the Education Department says student loans that are in default will be referred for collections.
President Donald Trump repeated his attacks Monday against the chair of the Federal Reserve, demanding that the central bank lower its key interest rate.
