Budget & Taxes

in committee · United States · House Aug 15, 2025

HJRES 112: Proposing an amendment to the Constitution of the United States related to the public debt.

HJRES 112 proposes a constitutional amendment requiring the U.S. government to balance its budget in most circumstances, directly affecting Congress, the President, and state legislatures. It would set a debt limit at 105% of current debt, require state legislatures to approve any debt increase above that limit, and mandate the President to withhold funds if debt exceeds 98% of the limit. The amendment also requires a two-thirds vote in both House and Senate for new or increased income tax bills (excluding certain sales tax replacements). This is a procedural proposal, not an enacted law, and would only take effect if ratified by 38 states within seven years.

Topics ✗ Budget & TaxesOpposes Budget & TaxesMandates balanced budget, debt limits, and 2/3 vote for tax increases - restricts fiscal expansion and tax policy95% confidence

Sub-Topics Income Tax Sales Tax State Budget

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in committee · United States · House Mar 27, 2025

HR 2434: No Tax Subsidies for Stadiums Act of 2025

HR 2434, the No Tax Subsidies for Stadiums Act of 2025, prohibits the use of tax-exempt bonds to finance professional sports stadiums. The bill defines a "professional stadium bond" as any bond financing a facility used for professional sports events on at least five days annually. This directly affects professional sports teams and local governments seeking tax-exempt financing for stadium construction or renovation projects. The law would take effect for bonds issued after its enactment, ending a common practice of using tax-free bonds to fund public-subsidized sports venues.

Topics ✗ Budget & TaxesOpposes Budget & TaxesProhibits tax-exempt bonds for stadiums, restricting government spending via tax subsidies on private sports facilities.95% confidence

Sub-Topics Debt & Bonds Tax Incentives

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in committee · United States · Senate Feb 4, 2026

SJRES 102: A joint resolution disapproving the action of the District of Columbia Council in approving the D.C. Income and Franchise Tax Conformity and Revision Temporary Amendment Act of 2025.

SJRES 102 is a congressional resolution disapproving the District of Columbia Council's approval of the D.C. Income and Franchise Tax Conformity and Revision Temporary Amendment Act of 2025 (D.C. Act A26-0217). This resolution, introduced by Senator Scott on January 27, 2026, aims to block the D.C. tax law from taking effect by invoking Congress's disapproval authority under the District of Columbia Home Rule Act. The bill directly affects D.C. residents and businesses subject to the income and franchise tax provisions in the disapproved law. If passed, it would prevent the D.C. tax code changes from becoming effective.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill blocks D.C. tax law implementation, opposing proposed tax changes under District of Columbia Home Rule Act.95% confidence

Sub-Topics Business Taxes

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passed · United States · Senate Mar 12, 2025

SJRES 3: 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 "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales".

This joint resolution nullifies the rule titled Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales and issued by the Internal Revenue Service (IRS) on December 30, 2024. The rule generally requires persons effectuating decentralized financial (DeFi) transactions to report certain information regarding digital asset sales to the IRS.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill nullifies IRS rule requiring digital asset brokers to report sales to IRS, reducing tax reporting requirements and government accountability in tax collection.90% confidence ✓ TechnologySupports TechnologyBill nullifies IRS rule requiring digital asset transaction reporting, reducing regulatory burden on DeFi technology sector.95% confidence

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in committee · United States · Senate Feb 12, 2026

S 3863: Pay Less at the Pump Act of 2026

This bill terminates a specific tax rate (the Hazardous Substance Superfund financing rate) used to fund hazardous waste cleanup efforts after December 31, 2025, with the change taking effect January 1, 2026. It also modifies how the government repays advances from the Superfund, requiring quarterly payments from unobligated funds until fully repaid, effective upon the bill's enactment. The bill directly affects the federal government's funding mechanisms for the Superfund program, not consumers or businesses. It makes concrete changes to tax code provisions and repayment procedures without altering the program's core purpose or directly impacting gasoline prices (despite the misleading bill title).

Topics ✗ Budget & TaxesOpposes Budget & TaxesTerminates tax funding for Superfund cleanup, defunding essential environmental program.95% confidence ✗ EnvironmentOpposes EnvironmentTerminates Superfund tax funding (hazardous waste cleanup) after 2025, directly defunding a core environmental protection program without offsetting measures.95% confidence

Sub-Topics Hazardous Materials

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in committee · United States · Senate Feb 2, 2026

S 3760: CLOSE Act

The CLOSE Act terminates temporary pandemic unemployment benefit programs established under the CARES Act, including Pandemic Unemployment Assistance and Federal Pandemic Unemployment Compensation, after a 30-day grace period following enactment. It also cancels (rescinds) unused federal funds that were allocated for these programs but not yet spent. This directly affects states administering these benefits and individuals who received pandemic-era unemployment support. The bill stops future payments and returns unobligated funds to the Treasury without altering benefits already paid.

Topics ✗ Budget & TaxesOpposes Budget & TaxesTerminates pandemic unemployment benefits and rescinds unused federal funds, defunding essential programs under government spending.95% confidence ✗ Labor & EmploymentOpposes Labor & EmploymentBill terminates pandemic unemployment benefits and cancels unused funds, directly reducing worker benefits. This aligns with 'oppose' indicators of reducing benefits.95% confidence

Sub-Topics Unemployment

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in committee · United States · House Mar 5, 2025

HR 1879: No Tax Breaks for Sanctuary Cities Act

HR 1879, the "No Tax Breaks for Sanctuary Cities Act," denies tax-exempt status for bonds issued by jurisdictions classified as "sanctuary jurisdictions." A sanctuary jurisdiction is defined as a city or state that either restricts sharing immigration status information with federal authorities or fails to comply with federal detainer requests under immigration law. The bill requires the Treasury Secretary to publish an annual list of such jurisdictions within 180 days of enactment. This policy directly affects local governments meeting the definition by removing a key funding tool - tax-exempt municipal bonds - used for public projects like schools or infrastructure. The law applies to bonds issued after enactment and does not alter existing sanctuary policies themselves.

Topics ✗ Budget & TaxesOpposes Budget & TaxesDenies tax-exempt bond status for sanctuary cities, increasing their borrowing costs and restricting fiscal flexibility under budget/tax policy.90% confidence ✗ ImmigrationOpposes ImmigrationDenies tax exemptions for jurisdictions refusing federal immigration cooperation, mandating enforcement alignment per bill's definition of 'sanctuary'95% confidence

Sub-Topics Debt & Bonds Detention Enforcement Sanctuary Policies

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in committee · United States · House Jan 3, 2025

HJRES 3: Proposing an amendment to the Constitution of the United States relative to balancing the budget.

This bill proposes a constitutional amendment requiring the federal government to balance its annual budget, meaning spending cannot exceed revenue unless overridden by a two-thirds vote in both House and Senate. It also caps annual spending at 18% of GDP unless a similar two-thirds vote approves an exception. The amendment mandates the President submit a balanced budget proposal each year and requires a two-thirds vote to pass new taxes or increase tax revenue. These rules would directly affect all federal spending decisions, including defense, social programs, and debt management, with limited exceptions for declared wars or national security threats.

Topics ✗ Budget & TaxesOpposes Budget & TaxesRestricts spending via 18% GDP cap, requires two-thirds vote for tax increases - limits government fiscal flexibility and spending authority.95% confidence

Sub-Topics Government Spending Revenue State Budget

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in committee · United States · Senate Mar 27, 2025

S 1192: No Tax Subsidies for Stadiums Act of 2025

This bill prohibits state and local governments from using tax-exempt bonds to fund new professional sports stadiums. It defines a "professional stadium bond" as any bond financing a facility hosting professional sports events for at least 5 days yearly, blocking tax-exempt status for such bonds issued after enactment. The law directly affects municipalities, sports teams, and developers seeking tax-free financing for stadium construction or major renovations. It changes the tax code to eliminate a common subsidy method for new sports venues, applying only to future projects.

Topics ✗ Budget & TaxesOpposes Budget & TaxesRestricts tax-exempt bonds for stadiums, eliminating a tax subsidy under fiscal management.90% confidence

Sub-Topics Debt & Bonds

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in committee · United States · House Jan 9, 2025

HR 312: Restoring Vehicle Market Freedom Act of 2025

HR 312, the Restoring Vehicle Market Freedom Act of 2025, repeals five tax credits related to clean and alternative fuel vehicles from the Internal Revenue Code. Specifically, it eliminates credits for previously owned clean vehicles, alternative motor vehicles, alternative fuel refueling property, new plug-in electric vehicles, and commercial clean vehicles. This change means individuals and businesses purchasing or installing qualifying vehicles or infrastructure will no longer be eligible for these tax incentives. The repeal applies to vehicles or property acquired or placed in service after the bill's enactment date.

Topics ✗ Budget & TaxesOpposes Budget & TaxesRepeals five clean vehicle tax credits, defunding government tax incentives and reducing tax benefits for eligible purchases.95% confidence ✗ EnergyOpposes EnergyRepeals tax credits for clean alternative fuel vehicles, removing financial incentives for renewable energy adoption in transportation.95% confidence ✗ EnvironmentOpposes EnvironmentRepeals tax credits for clean vehicles and infrastructure, removing financial incentives that promote environmental protection and clean energy adoption.95% confidence ✗ TechnologyOpposes TechnologyRepeals tax credits for plug-in electric vehicles and charging infrastructure, defunding EV technology adoption and reducing incentives for clean vehicle tech.95% confidence ✗ TransportationOpposes TransportationBill repeals tax credits for clean/alternative fuel vehicles and infrastructure, eliminating financial incentives that support sustainable transportation programs.92% confidence

Sub-Topics Business Taxes Procurement Tax Credits Electric Vehicles Electric Vehicles Transportation Funding

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