Congressional Democrats and the Biden administration are focused on making our tax code work better for all Americans. Currently, parts of the tax system reward wealth over work and allow the richest Americans to avoid paying their fair share. Despite these challenges, the Inflation Reduction Act took important steps to make the tax code more equitable, streamline how Americans file their taxes, and focus audits on wealthy tax cheats. After years of underfunding, the Inflation Reduction Act provided the resources necessary for the IRS to improve taxpayers’ experience and make sure that the tax code rewards work, not wealth.
Apr 17 2023
Economic Update - April 17, 2023
Apr 10 2023
Economic Update - April 10, 2023
Apr 03 2023
Economic Update April 3, 2023
Apr 03 2023
Economic Update - April 3, 2023
Each month, the Bureau of Labor Statistics (BLS) releases national and state-level data on U.S. employment, which provide useful information about the state of the labor market and progress toward building a better America. See February's state jobs data here.
Mar 27 2023
Economic Update - March 27, 2023
Mar 23 2023
Economic Update - March 23, 2023
Republicans have created a default crisis that will undermine confidence in America’s commitment to pay its bills and drive up costs for American families. Congress must act to cover existing obligations before the steep costs to the American people worsen.
Mar 22 2023
Despite Making Critical Contributions to the Labor Force, Women Face Obstacles to Economic Prosperity
While women's participation in the U.S. labor market has grown significantly in recent decades, unique economic barriers continue to hinder women’s economic mobility and limit overall growth.
