Governor Wes Moore, Senator Chris Van Hollen, Representative Steny Hoyer and the U.S. Department of Treasury announced a $10 million federal grant awarded to the Maryland Technology Development Corporation to support small businesses in the community. wjla.com/news/local/mar…

Over the last decade, the number of Americans covered through the Affordable Care Act marketplaces grew significantly, reaching an all-time high of nearly 21 million following open enrollment in 2024. home.treasury.gov/news/press-rel…

News: Thanks to President Biden & Vice President Kamala Harris, more Americans have health coverage than ever. "Over 18 million Americans have enrolled in marketplace plans for the first time," a record which "experts have largely attributed to major subsidies that have lowered premiums" nytimes.com/2024/09/10/us/…

Today, we made history. In the nearly 15 years since Barack and I made the Affordable Care Act law, 50 million people have enrolled in health care through the ACA Marketplace. Let’s keep fighting to give millions more the peace of mind they deserve.

Nearly 50 million people have had individual health insurance coverage through the Affordable Care Act marketplaces since they began operation in 2014, the Biden administration announced. blawgo.com/Yzusqos

NEW: The Affordable Care Act marketplaces have been very important in states that have not expanded Medicaid. Here’s the percentage of the population that has been covered through HealthCare.Gov over the last decade. 21%➡️Georgia 🍑 29%➡️Florida ☀️ 19%➡️Texas 🤠

New: US Real (inflation-adjusted) median household Income rose 4% from 2022 to 2023, recovering to 2019 record highs. The official poverty rate declined, while the more comprehensive supplemental poverty rate rose.

For years, the Republicans in Washington underfunded the IRS. So for years, rich tax cheats got away with not paying what they owe. Now, thanks to the Biden-Harris administration, the IRS has clawed back over a BILLION dollars and counting from rich tax cheats.

NEW: Over the past decade, over 50 million Americans have had insurance through the Affordable Care Act. That means 1 in 7 Americans have had access to care because of this historic law. I’m proud to have helped pass it.

50 million people have now gotten health care coverage thanks to the Affordable Care Act. That’s something we’ll always be proud of. Health care is not, and never will be, a privilege — it’s a right. And I'm grateful for the work that Joe and Kamala continue to do to improve the

President Biden and I know: Health care should be a right — not just a privilege for those who can afford it. We will continue to use every tool at our disposal to strengthen the Affordable Care Act and reject efforts to repeal this landmark law.

(AP) — The inflation-adjusted median income of U.S. households rebounded last year to roughly its 2019 level, overcoming the biggest price spike in four decades to restore most Americans’ purchasing power. Chris Rugaber apnews.com/article/income…

Me and all of the reporters who covered this in 2020 are nodding in unison.

NEW: The Biden admin unfurled new draft rules that could raise taxes on about 100 large, highly profitable companies, some of which pay little or nothing to the govt, touching off a bruising fight that coincides with a broader reexamination of the tax code in 2025 Link below

NEW: Treasury Department releases rules for the Corporate Alternative Minimum Tax. 100 of the largest corporations are expected to pay the tax—their effective federal tax rate is currently 2.6%. 60% of these companies pay less than 1% in taxes, including 25% that pay ZERO.

15% corporate minimum tax moving forward: "The Biden administration on Thursday unfurled new draft rules that could raise taxes on about 100 large, highly profitable companies, some of which pay little or nothing to the federal government each year." washingtonpost.com/business/2024/…

.Treasury Department and @IRSNews are committed to increasing tax fairness by addressing significant tax avoidance from the largest and most profitable companies in the country. home.treasury.gov/news/press-rel…

The Biden-Harris Administration is focused on increasing tax fairness, supporting small businesses, and reducing the deficit, which is why Treasury is addressing significant corporate tax avoidance by some of the largest and most profitable corporations in the country.

The Inflation Reduction Act invests well over half a trillion dollars to ensure we are manufacturing, deploying, and consuming more clean energy technologies in America. To pay for a big chunk of it, Congress instituted a new 15% corporate minimum tax that means billion dollar

🚨 The CR recently introduced in the House would extend the $20.2 billion in rescissions to the IRS in this year’s appropriations bill alongside other FY 2024 appropriations. U.S. CBO estimates these cuts would weaken the agency’s tax enforcement capabilities, increase the tax