WASHINGTON, March 28( Xinhua)--The Biden administration on Monday proposed a new 20-percent minimum tax on the the wealthiest, vowing to fix the tax code to ensure corporations and wealthy people" pay their fair share."" This minimum tax would apply only to the wealthiest 0.01 percent of households-those with more than 100 million U.S. dollars-and over half the revenue would come from billionaires alone," according to a White House fact sheet on President Joe Biden's budget for Fiscal Year 2023.

WASHINGTON, Jan.... 18( Xinhua)--U.S. Senate on Thursday passed a short-term spending bill that would extend government funding until March, as funding for some federal agencies and programs is set to expire on Saturday. The upper chamber voted 77-18 to approve the bill, paving the way for action of the House of Representatives later Thursday." The Senate has just passed the bill to fund the government and avoid an unnecessary shutdown," Senate Majority Leader Chuck Schumer said on X, formerly

A full government shutdown would mean federal agencies close their doors or reduce their operations to only what is deemed essential.... Agency services most directly connected to the public are likely to cease or be severely delayed, seeing" tremendous disruption and uncertainty" as they adjust to reduced staff and operations, according to David Reich of the nonpartisan Center on Budget and Policy Priorities.... Bill Clark/ CQ-Roll Call via Getty Images Garbage overflows a trash can on the Na

WASHINGTON--For more than a year, the Food and Drug Administration lacked a permanent head when the agency was central in the battle against COVID-19.... Califf's nomination had stalled for months in the Senate in part due to his consulting work for pharmaceutical companies and allegations that he had failed to effectively regulate addictive opioids.... He was narrowly confirmed last week to the post, which he had held briefly under Obama. The National Institutes of Health is also missing a di

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The next few weeks will be the most challenging in perhaps a decade for Democrats in Congress.... ChevronRight What Democrats really want to do is write and pass a massive spending bill that dramatically expands the federal government safety net.... 30, and it’s Congress’s job to fund the government for another year....