Brittany De Lea
Fox Business
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Past articles by Brittany:
Sinema dashes House Dems' hopes for $3.5T infrastructure bill
Sen. Krysten Sinema, D-Ariz., on Monday said she would not support Democrats’ $3.5 trillion spending plan, potentially dashing hopes of passing the proposal via budget reconciliation. → Read More
Retirement swelled during the pandemic, more than expected, study shows
Older Americans were more likely to retire during the coronavirus pandemic, which forced millions of workers out of the labor force during its peak. → Read More
Democrats pave the way for SALT cap relief in budget resolution
Democrats approved a $3.5 trillion budget resolution Wednesday morning, which paves the way for potentially altering the cap on state and local tax deductions. → Read More
Social Security cost of living adjustment could be largest in nearly 4 decades
Social Security beneficiaries might be in for the highest in cost of living adjustment (COLA) in nearly four decades, according to new projections. → Read More
Dems push IRS reform after it was dropped from $1T infrastructure bill
Sens. Elizabeth Warren, D-Mass., Bernie Sanders, I-Vt., and Sheldon Whitehouse, D-R.I., wrote a letter to IRS Commissioner Charles Rettig on Monday requesting more information on the “benefits of investing in the IRS” after a proposal to inject $40 billion into the agency to close the tax gap was scrapped earlier this year. → Read More
Corporate tax hike to hit middle-class Americans, study shows
Republican lawmakers on Monday released an analysis showing that even a slight corporate tax increase would have a negative effect on middle-class Americans and small businesses. → Read More
Senators’ cryptocurrency amendment blocked after receiving Yellen’s stamp of approval
A cryptocurrency amendment intended for inclusion in the bipartisan infrastructure bill, which aimed to define which groups would be subject to greater enforcement regulations, was blocked on Monday. → Read More
Fidelity: COVID-19 shapes college plans, but cost expectations are still too low
The coronavirus pandemic is affecting higher education decisions, though families still tend to underestimate how much college will cost, a new study shows → Read More
How Cuomo misconduct could end up costing New York taxpayers
Democratic New York Gov. Andrew Cuomo’s sexual misconduct could end up costing the state’s taxpayers depending on how legal processes advance, according to an expert. → Read More
IRS tax gap bill in progress by GOP as estimates are in doubt
Republicans are working on ways to address the IRS’ tax gap, after several powerful members of the party cast doubt on the estimates that have been floated. → Read More
Theranos CEO Holmes’ request to suppress trial evidence denied by judge
Former Theranos CEO Elizabeth Holmes was dealt another blow as she tries to defend herself against allegations that she engaged in a multimillion-dollar scheme to defraud investors. → Read More
Texas GOP Rep. Brady warns infrastructure plan's chemical tax could be a hidden pain for consumers
Texas Republican Rep. Kevin Brady told FOX Business that while the bipartisan infrastructure package in Congress is a step in the right direction, one of the revenue-raising measures could wind up being a headache for companies and consumers. → Read More
Top Republican eyes 3 key jobs report indicators that will reveal strength of US economy
The July jobs report will give lawmakers a read on the strength of the U.S. economy as COVID-19 cases climb and multitrillion spending plans make their way through Congress, and at least one influential member of the GOP is concerned about the recovery. → Read More
Cuomo sexual misconduct allegation may jeopardize NY infrastructure funding under Ernst amendment
Sen. Joni Ernst, R-Iowa, on Tuesday filed an amendment to the bipartisan infrastructure package that would ban funds from being distributed to states where leaders have sexually harassed employees, following a bombshell report on the actions of New York Gov. Andrew Cuomo. → Read More
Ohio won't shut its economy as COVID-19 cases spread, Lt. Gov. says
Ohio’s Lt. Gov. Jon Husted says the state has no plans to shut down its economy, even as a highly-contagious variant of the COVID-19 virus spreads throughout the U.S. → Read More
Yellen lays out her ‘extraordinary measures’ to Congress after debt ceiling deadline expires
U.S. Treasury Secretary Janet Yellen on Monday sent a letter to Congress explaining to lawmakers what actions her department had begun to take to address the debt ceiling ,after it was neither raised nor suspended by the deadline. → Read More
Cryptocurrency crackdown would raise tens of billions for infrastructure plan, analysis finds
A proposal to crack down on cryptocurrency transactions could raise tens of billions of dollars for new infrastructure spending, as lawmakers advance a bipartisan plan. → Read More
Ohio gets court victory as lieutenant governor says federal jobless aid limits employers' access to workers
Getting Americans off the unemployment rolls and back into the labor force is the key to America’s economic recovery, Ohio’s Lt. Gov. Jon Husted told FOX Business on Friday. → Read More
Ohio does not have to reinstate $300 federal jobless benefit, judge says
A judge on Thursday ruled in favor of the Ohio state government after residents filed a lawsuit over a decision to end participation in a pandemic-related federal unemployment assistance program. → Read More
Millions of eligible children may miss out on expanded Child Tax Credit, study finds
The IRS is missing the required information for millions of American households that could potentially qualify to receive the expanded Child Tax Credit, a new report shows. → Read More