Budget & Taxes

in committee · United States · Senate Dec 3, 2025

S 3332: More Homes on the Market Act

This bill increases the tax exclusion for capital gains when selling a primary residence. It doubles the exclusion amount from $250,000 (for single filers) to $500,000 and from $500,000 (for married couples) to $1,000,000. The bill also adds an inflation adjustment for amounts after 2025, tying future increases to the cost-of-living adjustment. It directly affects homeowners who sell their primary residence and would otherwise owe tax on profits exceeding the previous limits. The changes apply to sales after the bill's enactment date.

Topics ✗ Budget & TaxesOpposes Budget & TaxesExpands capital gains tax exclusions primarily benefiting wealthier homeowners, reducing government tax revenue - aligns with 'oppose' indicator of tax breaks for wealthy.95% confidence

Track

in committee · United States · House Jan 9, 2025

HR 311: Restoring Fuel Market Freedom Act of 2025

HR 311, the Restoring Fuel Market Freedom Act of 2025, repeals multiple existing federal tax credits for fuel producers and importers. It specifically eliminates tax credits for alcohol fuels (Section 40), biodiesel (Section 40A), sustainable aviation fuel (Section 40B), clean fuel production (Section 45Z), and alternative fuel mixtures (Section 6426). These repeals apply to fuels produced, sold, or used after the bill's enactment date, removing current tax incentives for these fuel types. The bill directly affects businesses producing or importing these fuels, as they will no longer qualify for the repealed credits.

Topics ✗ Budget & TaxesOpposes Budget & TaxesRepeals federal tax credits for fuel producers, removing tax incentives and reducing government spending on subsidies.95% confidence ✗ EnergyOpposes EnergyRepeals tax credits for renewable fuels (biodiesel, SAF, clean fuel), removing financial incentives and weakening clean energy standards.95% confidence ✗ EnvironmentOpposes EnvironmentRepeals tax credits for clean fuels (biodiesel, sustainable aviation fuel), removing financial incentives that support environmental goals and reduce emissions.95% confidence ✗ TransportationOpposes TransportationRepeals tax credits for sustainable fuels (biodiesel, SAF), defunding alternative fuel incentives critical to transportation sustainability95% confidence

Sub-Topics Business Taxes Tax Credits Airports Transportation Funding

Track

in committee · United States · House Apr 30, 2026

HR 2424: Modern, Clean, and Safe Trucks Act of 2025

HR 2424, the Modern, Clean, and Safe Trucks Act of 2025, repeals a 12% federal excise tax on new heavy trucks, tractors, and trailers. This tax currently adds significant costs - $7,000+ for trailers, $20,000+ for clean diesel trucks, and up to $50,000 for advanced technology trucks - discouraging replacement of older, less efficient vehicles. The bill directly affects truck manufacturers, dealers, and fleet operators by removing this cost barrier, making newer, cleaner models more affordable. It aims to accelerate the adoption of modern trucks with improved safety and environmental features, particularly benefiting electric and alternative-fuel vehicles that face higher upfront costs.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill repeals a 12% federal excise tax on trucks, directly reducing tax burden. Explicit tax repeal alignates with 'oppose' indicators of weakening tax structure.95% confidence ✓ EnergySupports EnergyRepeals tax on clean diesel/advanced trucks, lowering costs for newer efficient models, promoting energy efficiency in transportation infrastructure.85% confidence ✓ EnvironmentSupports EnvironmentBill removes tax barrier encouraging replacement of older, less efficient vehicles with newer, cleaner models, indirectly supporting environmental protection through cleaner technology adoption.75% confidence ✓ TransportationSupports TransportationRepeals tax on clean trucks, enabling affordable adoption of newer, cleaner models, aligning with sustainable transportation goals and vehicle efficiency standards.90% confidence

Sub-Topics Sales Tax Freight Roads & Highways Transportation Funding

Track

in committee · United States · Senate Jan 22, 2025

S 181: A bill to require agencies submit zero-based budgets.

S 181 requires most federal agencies to submit zero-based budgets every six years, analyzing current operations, exploring alternatives, and ranking programs by importance. These budgets must cover the next fiscal year and the following four years, submitted to the Office of Management and Budget and congressional budget committees. Agencies (excluding Defense and the National Nuclear Security Administration) must also recommend specific program cuts totaling at least a 2% reduction in non-defense discretionary spending from the prior year. The bill directly affects how federal agencies plan and justify their funding, aiming to improve budget efficiency through systematic review.

Topics ✗ Budget & TaxesOpposes Budget & TaxesMandates 2% program cuts across agencies, requiring reduced government spending through zero-based budgeting, directly limiting fiscal expenditure.95% confidence

Sub-Topics Appropriations Government Spending State Budget

Track

in committee · United States · Senate Oct 29, 2025

S 3072: No Coffee Tax Act

This bill, S 3072 (No Coffee Tax Act), prevents new tariffs on coffee imports from countries with normal trade relations with the U.S. It freezes the existing tariff rate for coffee products at the level effective as of January 19, 2025, prohibiting any increase. The bill directly affects U.S. coffee importers, roasters, and businesses that rely on imported coffee beans or products. Key provisions require that no additional duty or tariff may be imposed above this frozen rate, regardless of emergency circumstances or other tariff authorities.

Topics ✗ Budget & TaxesOpposes Budget & TaxesPrevents tariff increases on coffee imports, freezing existing rates. Restricts new tax burdens, aligning with 'oppose' stance on tax hikes.90% confidence

Track

in committee · United States · Senate Feb 3, 2025

S 360: A bill to provide for across-the-board rescissions of nonsecurity discretionary spending.

S 360 would automatically reduce nonsecurity federal spending by specific percentages each fiscal year: 1% for 2026, 2% for 2027, and 5% annually starting in 2028. It directly affects nonsecurity discretionary programs like education, transportation, and scientific research (excluding defense and intelligence), as defined by the bill. The reductions apply pro rata across all such programs funded through annual appropriations. The Office of Management and Budget must report these cuts to Congress annually after each fiscal year ends.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill mandates automatic cuts to nonsecurity discretionary programs (e.g., education, transportation), defunding essential services per its summary.95% confidence ✗ EducationOpposes EducationBill mandates automatic 1-5% annual cuts to nonsecurity discretionary programs including education, directly reducing funding for K-12 and higher education programs.95% confidence ✗ TransportationOpposes TransportationBill mandates across-the-board cuts to nonsecurity discretionary programs, including transportation funding, reducing resources for infrastructure projects.95% confidence

Sub-Topics Appropriations Government Spending

Track

in committee · United States · House Jul 2, 2025

HR 4280: Bipartisan Tax Fairness Act of 2025

HR 4280, the Bipartisan Tax Fairness Act of 2025, modifies federal income tax brackets for all filing statuses, including married couples filing jointly, heads of households, single filers, married filing separately, and estates/trusts. It lowers the income thresholds where higher tax rates apply - for example, the 10% bracket for married couples ends at $19,050 (down from current law) instead of $20,550. The bill retains the same marginal tax rates (10% to 39.6%) but adjusts bracket ranges annually for inflation to prevent taxpayers from moving into higher brackets due to rising prices. These changes apply to taxable years beginning after December 31, 2025.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill lowers income thresholds for 10% bracket (e.g., married couples end at $19,050 vs. $20,550), increasing taxes on middle/lower income earners as shown in example.90% confidence

Sub-Topics Income Tax

Track

in committee · United States · House Jan 28, 2025

HR 781: No Track No Tax Act of 2025

The No Track No Tax Act of 2025 prohibits federal funds from being used to study, propose, establish, implement, or enforce any mileage tax program, including those requiring vehicle mileage tracking. It directly affects state and local governments seeking to adopt mileage-based taxes, as they cannot use federal money for related activities like developing tracking systems. The bill blocks federal financial support for mileage tax initiatives but does not ban the taxes themselves. This restriction applies to all federal funding streams, preventing even indirect support for such programs.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBlocks federal funding for mileage tax programs, restricting state adoption of such taxes through defunding.90% confidence ✗ TransportationOpposes TransportationBlocks federal funding for mileage-based tax programs, restricting a transportation funding mechanism.95% confidence

Sub-Topics Transportation Funding

Track

in committee · United States · Senate Jul 31, 2025

SJRES 72: A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Estate Tax Closing Letter User Fee Update".

This resolution would block an IRS rule that would have imposed new user fees for estate tax closing letters. It targets a specific rule (90 Fed. Reg. 21410, published May 20, 2025) requiring fees when the IRS issues closing letters for estate tax returns. If approved, the rule would be voided, preventing the new fees from taking effect for individuals and professionals handling estate tax matters. The resolution is a procedural step under Chapter 8 of Title 5, U.S. Code, to disapprove the rule without creating new law.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBlocks IRS rule imposing new user fees for estate tax closing letters, preventing a new government revenue source. Opposes creation of tax-related fee.95% confidence

Sub-Topics Fees & Licensing

Track

in committee · United States · House Jul 23, 2025

HJRES 110: Proposing a balanced budget amendment to the Constitution of the United States.

This joint resolution proposes a constitutional amendment that requires federal expenditures and receipts to be balanced, which may occur over more than one year. Under the amendment, expenditures include all federal expenditures except those for payment of debt. Receipts do not include receipts derived from borrowing. The amendment requires Congress to achieve balance within 10 years of the ratification of the amendment. In an emergency situation, two-thirds of the House of Representatives and the Senate may authorize additional expenditures that are not otherwise permitted by the amendment. The additional expenditures must be for a limited time, and debts incurred from the expenditures must be paid as soon as practicable.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill mandates federal budget balance, restricting spending by requiring expenditure limits and excluding debt payments/borrowing from receipts.95% confidence

Sub-Topics Government Spending State Budget

Track