As tax season starts, U.S. Treasury emphasizes IRS customer service over audits

WASHINGTON, Jan 23 (Reuters) – The U.S. Internal Revenue Service kicks off the 2023 tax filing season on Monday, armed with 5,000 new customer service representatives to reduce call wait times as the administration Biden implements $80 billion in new IRS funding. New hires and technology improvements to more efficiently process tax returns and paper … Read more

Businesses see lower odds U.S. in or entering recession, NABE says

Jan 23 (Reuters) – The likelihood that the United States is already in recession or will fall into it this year has fallen in the past three months to 56% from a possibility of nearly two-thirds, according to a survey on the conjuncture on Monday. About 53% of people polled by the National Association of … Read more

U.S. wants to see quicker progress on World Bank reforms- Yellen

LUSAKA, Jan 22 (Reuters) – U.S. Treasury Secretary Janet Yellen said on Sunday the United States wanted to see faster progress on World Bank plans to increase its lending capacity to deal with change climate and other global crises. The World Bank’s “evolution roadmap”, reported by Reuters earlier this month, calls on the bank to … Read more

U.S. Treasury’s Yellen says IRS needs to be ‘completely redone’

LUSAKA, Zambia, Jan 22 (Reuters) – U.S. Treasury Secretary Janet Yellen said on Sunday that rebuilding the Internal Revenue Service would be one of her top priorities in coming years, putting her squarely at odds with the Republicans who took control of the House of Representatives. . Yellen told Reuters in an interview while visiting … Read more

U.S. lawmakers preparing plan to avert debt-ceiling crisis

WASHINGTON, Jan 22 (Reuters) – A bipartisan group of U.S. lawmakers are preparing a plan to defuse a looming crisis over the national debt ceiling by raising it from a fixed dollar amount to a percentage of national economic output, a said the group’s senior Republican on Sunday. . The proposal would replace Washington’s current … Read more

Harris says abortion rights threatened across United States

WASHINGTON, Jan 22 (Reuters) – Democratic Vice President Kamala Harris said on Sunday abortion rights were under attack across the United States in a speech marking the 50th anniversary of Roe v. Wade, the Supreme Court ruling that had established a right to abortion until it was overturned last year. “The right of every woman … Read more

Turkey urges Biden administration to be ‘decisive’ over F-16 deal as Congress objects

Turkish Foreign Minister in Washington for his first official visit Ankara wants to buy F-16 fighter jets, Congress is not in favor Sweden and Finland bid for NATO, Syria tops agenda WASHINGTON, Jan 18 (Reuters) – Turkey on Wednesday urged the Biden administration to be decisive in its bid to sell F-16 fighter jets to … Read more

U.S. Justice Dept found more classified items in Biden home search

WASHINGTON, Jan 21 (Reuters) – A new search of President Joe Biden’s home in Wilmington, Delaware, by the U.S. Justice Department on Friday uncovered six more items, including documents bearing classification marks, a lawyer for the president said in a statement late Saturday. Some of the classified documents and “surrounding documents” dated from Biden’s tenure … Read more

White House chief of staff Klain expected to leave in weeks

REHOBOTH BEACH, De., Jan 21 (Reuters) – Ron Klain, President Joe Biden’s White House chief of staff, plans to leave his post in the coming weeks, sources familiar with the matter said on Saturday, a major change in the guard. Klain briefed Biden on his plans, the sources said, confirming a New York Times report … Read more

U.S. officials advise Ukraine to wait on offensive, official says

WASHINGTON, Jan 20 (Reuters) – Senior U.S. officials are advising Ukraine to hold off on launching a major offensive against Russian forces until the last supply of U.S. weapons is in place and training was waived, a senior Biden administration official said Friday. The official, speaking to a small group of reporters on condition of … Read more