Buyers rush to buy "inflation-proof" I-bonds, crashing website

Government agency doubled server capacity to handle an influx of orders, but some slowdowns are still occurring.

• Oct 28, 2022

The IRS plans to hire 5,000 customer service reps

Tax agency has been plagued by understaffing and poor customer service, with many taxpayer calls going unanswered.

• Sep 15, 2022

House Republican says Treasury won't provide Hunter Biden's financial docs

Rep. James Comer says the Treasury Department "is refusing to release suspicious activity reports connected with Hunter Biden."

• Jul 7, 2022

IRS warns of frustrating tax filing season ahead

Treasury officials warn filing taxes is going be a challenge this year due to the ongoing pandemic and a lack of resources at the Internal Revenue Service. CBS News reporter Sarah Ewall-Wice joins Lilia Luciano on CBSN to discuss.

• Jan 10, 2022
• 07:15

Senate passes deal to raise debt limit

In a 59-35 vote, the Senate passed a measure allowing for a one-time exemption to the filibuster so Democrats can raise the debt limit without Republican votes. Treasury Secretary Janet Yellen has warned the nation could enter default if the borrowing limit is not raised by December 15. CBS News reporter Sarah Ewall-Wice joins CBSN's Lana Zak to explain the process ahead.

• Dec 9, 2021
• 04:47

Examining the cryptocurrency loophole

The U.S. Treasury Department says cryptocurrencies "urgently" need regulations like those overseeing banks and other financial institutions. Axios chief financial correspondent Felix Salmon joins CBSN to discuss the digital currency loophole.

• Nov 16, 2021
• 10:05

Yellen says Democrats can raise debt ceiling

Treasury Secretary Janet Yellen is urging Democrats to address the debt ceiling alone if needed to avoid default. CBS News congressional correspondent Nikole Killion joined CBSN's Tanya Rivero with more on what Congress could do with the social spending and infrastructure legislation.

• Nov 1, 2021
• 04:57

House passes measure to raise debt limit

The House has passed a measure to increase the federal debt limit by $480 billion. But it's a temporary fix that will last only until December 3. That means lawmakers will find themselves looking for a more permanent measure in less than two months. CBS News congressional correspondent Nikole Killion joins CBSN's Elaine Quijano to discuss.

• Oct 12, 2021
• 07:20

The newest front to keep people in their homes and deliver aid: faith

For many faith leaders, the Treasury Department's efforts to team up are unusual.

• Oct 9, 2021

Congress clashes on spending as shutdown looms

The U.S. is inching closer to a potential economic crisis and government shutdown as Congress clashes over President Joe Biden's agenda and key legislation. CBS News chief White House correspondent Nancy Cordes joins CBSN to break down the latest developments.

• Sep 29, 2021
• 10:27

U.S. could hit the debt ceiling on October 18, Janet Yellen says

The country could go into default for its first time in history.

• Sep 28, 2021

Senate debates raising U.S. debt ceiling

The Senate is deadlocked in the debate over raising the debt ceiling. If the limit is not raised, the country risks going into default on its debt. Lawmakers on both sides agree the ceiling needs to be raised, and experts warn if it isn't, it could be catastrophic for the U.S. economy. CBS News reporter Sarah Ewall-Wice joins CBSN's Lana Zak to discuss what's at stake.

• Sep 22, 2021
• 06:19

Congress faces debt ceiling standoff

Congressional Democrats are pushing to raise the national debt ceiling before the government funding runs out at the end of the month. But Republicans say they will not support stopgap funding legislation. CBS News congressional correspondent Nikole Killion joins CBSN with the latest.

• Sep 21, 2021
• 05:55

Richest Americans dodge $163 billion in taxes: Treasury report

The so-called "tax gap" could total $7 trillion over the next decade.

• Sep 8, 2021

Federal aid still not getting to renters

Only a small fraction of the money allocated by Congress has actually gotten to people, the Treasury Department said.

• Aug 25, 2021

Federal rent aid deadline approaches

As many tenants and landlords continue to struggle from the pandemic's economic fallout, states need to use 65% of their allocated federal rent aid funds by September 30 or risk losing billions of dollars. CBS MoneyWatch reporter Irina Ivanova joined "CBSN AM" to discuss.

• Aug 19, 2021
• 05:29

Yellen promotes Biden's economic agenda during Atlanta trip

Treasury Secretary Janet Yellen traveled to Atlanta on Wednesday to promote the Biden administration's economic agenda. It was Yellen's first official domestic trip since being appointed to Mr. Biden's Cabinet. Her visit came as a bipartisan infrastructure bill makes it way through the Senate. CBS News reporter Sarah Ewall-Wice joins CBSN's "Red & Blue" host Elaine Quijano with more.

• Aug 4, 2021
• 06:29

U.S. braces for evictions wave as moratorium ends

Millions of Americans are at risk of being evicted from their homes after the federal moratorium on evictions expired over the weekend. Diane Yentel, president of the National Low Income Housing Coalition, joins CBSN to discuss why nearly $47 billion in emergency aid has been slow to reach renters.

• Aug 3, 2021
• 11:01

DOJ orders IRS to release Trump tax returns

The Justice Department on Friday said the Treasury Department must hand over former President Trump's tax returns to the House Ways and Means Committee, putting an apparent end to the yearslong battle over the records. Brian Galle, a professor of law at the Georgetown University Law Center joins CBSN's Tanya Rivero with his analysis.

• Aug 2, 2021
• 07:17

Justice Department says IRS must give Trump's tax returns to Congress

The decision puts an apparent end in sight to the yearslong battle over the records.

• Aug 3, 2021

IRS told to give Trump's taxes to Congress

The Justice Department instructed the IRS to hand over former President Trump's tax returns to Congress. A federal judge said Mr. Trump and his lawyers have until Wednesday to issue a response. CBS News legal contributor Rebecca Roiphe joins CBSN AM to discuss.

• Aug 2, 2021
• 07:27

Families set to receive child tax credit payments

The federal government will begin dispersing monthly cash payments to low- and moderate-income families on July 15 as part of the child tax credit program included in the latest round of COVID relief. The rollout comes as the Federal Reserve paints a clearer picture of the current state of the economy, saying inflation will likely remain elevated in the coming months. CBS News reporter Sarah Ewall-Wice joins CBSN's Lana Zak with the details.

• Jul 14, 2021
• 08:16

Millions to receive 2021 child tax credit

A new IRS tool will help millions of low-income Americans file for their 2021 child tax credit. The monthly payments will begin July 15 and extend through the year. While Democrats are trying to make the current payments permanent, Republicans are looking to introduce their own version of the credit. CBS News reporter Sarah Ewall-Wice joined CBSN's Elaine Quijano to discuss.

• Jun 14, 2021
• 06:36

Treasury's tax tables

The Treasury Department releases its withholding tables from the new Tax Cuts and Jobs Act. While many taxpayers will see their take-home pay increase through 2018, there are concerns about others getting bigger tax bills in the years to follow. Economist Peter Morici joins CBSN to discuss the latest on the new tax plan.

• Jan 11, 2018
• 03:14

EY CEO Mark Weinberger on tax cuts

EY CEO and global chairman Mark Weinberger, who served as assistant Treasury secretary on tax policy under President George W. Bush and on the Social Security Advisory Board under President Bill Clinton, joins "CBS This Morning" to discuss the Republican tax reform bill, how slashing corporate tax rates will increase investment in the U.S., and why it's hard to know whether those savings will translate to increased wages for workers.

• Dec 12, 2017
• 04:18

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