‘The 401(k) industry owns Congress’: How lawmakers quietly passed a $300 billion windfall to the wealthy

Five months before Congress faced a near-catastrophic standoff over the debt ceiling, with Republicans demanding restrictions to food and Medicaid programs to rein in spending, a bill that raised the cost of private retirement savings accounts to $282 billion per year was quietly signed into law. In this era of deeply divided politics, the 2022 … Read more

Johnson's turbulent week comes to a soft landing at Mar-a-Lago

PALM BEACH, Florida — Mike Johnson got what he came for on Friday — an appearance shoulder to shoulder with Donald Trump, who criticized efforts to depose the House speaker. “He’s doing about as good as you’re going to do,” Trump said. The former president’s comments may not be enough to persuade Rep. Marjorie Taylor … Read more

House Democrats prepare to try for another Roe election

They turned the reversal of Roe v. Wade into campaign rocket fuel two years ago, denying the GOP its hopes for a “red wave.” Now House Democrats are preparing to try to again sink vulnerable Republicans on abortion. Internal party polling data backs up their strategy. Democratic lawmakers viewed a recent survey from their campaign … Read more

24 hours in Albany?

With help from Shawn Ness New from New York Happening now: Gov. Kathy Hochul may consider shorter extenders. A new parks attendance record thanks to the eclipse. Some advocates slept in the War Room. The Hochuls’ income in 2023 is out. DAYS THE BUDGET IS LATE: 12 The state budget is stretching into its third … Read more

House finally passes surveillance bill after three stumbles

The House on Friday passed legislation reauthorizing a controversial government surveillance power — capping off a monthslong debate marked by acrimonious GOP infighting. The 273-147 bipartisan vote is a win for embattled Speaker Mike Johnson, who has struggled publicly to bridge the deep divides within his conference. But it also puts him at odds with … Read more