US House win by ex-combat pilot cements Republican … LOS ANGELES (AP) — Republican Rep. Mike Garcia, a former Navy fighter pilot, scored a U.S. House win in a strongly Democratic district Wednesday, handing the GOP control of the chamber and giving the party a rare reason to celebrate in a state dominated by Democrats. The conservative Republican was reelected to a third term […]
Stimulus checks and other payments: IRS sending letters … If you receive a letter from the Internal Revenue Service don’t panic, in fact, it could mean there is money waiting to be claimed.
Biden nominates Daniel Werfel as IRS Commissioner WASHINGTON (AP) — President Joe Biden on Thursday nominated a new commissioner to steer the Internal Revenue Service forward as it gets a massive funding boost. The tax collection agency’s current commissioner ends his term this week. Danny Werfel, who leads Boston Consulting Group’s global public sector practice, was nominated to replace Chuck Rettig, who […]
Millions of Americans could receive money from the … The people who may have received the letters were identified by the Treasury’s Office of Tax Analysis.
GOP seizes on voter hesitancy to attack EVs as costly … WASHINGTON (AP) — Heading into next week’s midterm elections, many Republican candidates are seeking to capitalize on voters’ concerns about inflation by vilifying a key component of President Joe Biden’s climate agenda: electric vehicles. On social media, in political ads and at campaign rallies, Republicans say Democrats’ push for battery-powered transportation will leave Americans broke, […]
Intruder attacks Pelosi’s husband, calling, ‘Where … SAN FRANCISCO (AP) — The husband of House Speaker Nancy Pelosi was attacked and severely beaten with a hammer by an assailant who broke into the couple’s San Francisco home early Friday, searching for the Democratic leader and shouting, “Where is Nancy, where is Nancy?” The assault on the 82-year-old Paul Pelosi injected new uneasiness […]
Rettig out as IRS commissioner The Treasury Department on Friday announced the departure of IRS Commissioner Charles Rettig, an appointee of former President Trump whose term is set to end in mid-November. Before Congress approves a new permanent IRS head, the agency will be headed by deputy commissioner Douglas O’Donnell as acting chief, the Treasury said. “I want to thank […]
Intruder beats Pelosi’s husband with hammer, shouts … SAN FRANCISCO (AP) — An intruder attacked and severely beat House Speaker Nancy Pelosi’s husband with a hammer in the couple’s San Francisco home early Friday while searching for the Democratic leader and chillingly shouting: “Where is Nancy, where is Nancy?” Police were called to the home to check on Paul Pelosi at about 2:30 a.m. when […]
Record number of Americans have bank accounts, gov’t … NEW YORK (AP) — The number of Americans who do not have a bank account fell to a record low last year, as the proliferation of online-only banks and an improving economy is bringing more Americans into the traditional financial system. A new report from the Federal Deposit Insurance Corp. issued Tuesday found that 4.5% […]
IRS sending letters to 9 million Americans with unclaimed … The Internal Revenue Service is sending letters to millions who did not claim stimulus payments, earned income tax credits, or other benefits.
As the causes of US inflation grow, so do the dangers WASHINGTON (AP) — What keeps driving inflation so high? The answer, it seems, is nearly everything. Supply chain snarls and parts shortages inflated the cost of factory goods when the economy rocketed out of the pandemic recession two years ago. Then it was a surge in consumer spending fueled by federal stimulus checks. Then Russia’s […]