Tag: infrastructure

A lot right now in the U.S. Congress. One way lawmakers propose to pay for the $1 trillion infrastructure bill the Senate approved Tuesday is by imposing tax-reporting requirements for cryptocurrency brokers, the way stockbrokers report their customers’ sales to the IRS. It could open the way for tighter regulation of cryptocurrency — something the Biden administration is moving toward as it also pushes for tax compliance.

President Joe Biden's latest leap into the Senate's up-and-down efforts to clinch a bipartisan $1 trillion infrastructure deal comes with even more at stake than his coveted plans for boosting road, rail and other public works projects.

WASHINGTON (AP) — Senators were running into new problems Monday as they raced to seal a bipartisan infrastructure deal with pressure mounting on all sides to show progress on President Joe Biden's top priority.

The White House is mounting an all-out effort to sell the bipartisan infrastructure deal President Biden and a group of senators agreed to last week, deploying top administration officials to states and engaging lawmakers to help build support inside and outside Washington for the package.

WASHINGTON (AP) — President Joe Biden is pursuing “multiple paths forward” as he looks to muscle his big infrastructure package through Congress — dialing up lawmakers from both parties in search of a bipartisan deal while imploring Democrats to be ready to go it alone if necessary.