Zach C. Cohen

2025 Hall of Fame and Dateline Awards dinner applauds journalism excellence in the D.C. region, celebrates distinguished honorees - Washington, D.C., Pro SPJ Chapter WASHINGTON, D.C. — The Washington, D.C., Chapter of the Society of Professional Journalists held its annual Hall of Fame and Dateline Awards dinner at the National Press Club on Tuesday,...

Many thanks to SPJ DC for the Dateline Award for my coverage of last year’s race to be Senate Republican leader — and to the colleagues, sources, and readers who trusted me to tell that story over many months and across three jurisdictions. spjdc.org/2025/06/2025...

EBay, PayPal Sellers House Relief at Risk in Senate Revenue Hunt Republicans face an internal schism over how far they want to go to give relief to millions of online sellers who received a new tax form for the first time this filing season.

“We’re just trying to strike that balance": Republicans face an internal schism over how far they want to go to give relief to millions of online sellers who received a new tax form for the first time this filing season. news.bloombergtax.com/daily-tax-re...

Trump Tax Cuts Fail in House Panel as GOP Divided on Bill Cost A key House committee on Friday failed to advance House Republicans’ massive tax-and-spending bill after hard-line conservatives bucked President Donald Trump and blocked the bill over cost concerns.

House Republicans’ massive tax-and-spending bill fails to advance in a key committee after conservatives blocked the measure

Trump Tax Plan Gains Momentum in House as It Heads to Floor Vote President Donald Trump’s signature economic package took a major step toward becoming law when the House Ways and Means Committee approved trillions in new tax cuts for corporations, households and…

Breaking: The House Ways and Means Committee just approved trillions in new tax cuts for corporations, households and small businesses on a party-line vote after a marathon overnight session in which Democrats assailed the bill as a gift to the wealthy. www.bloomberg.com/news/article...

Heated debate over tax bill drags on in Ways and Means The House Ways and Means Committee worked through the night to advance Republicans’ signature fiscal policy after hours of heated debate on a $3.8 trillion package of tax cuts.

The House Ways and Means Committee has been marking up the tax bill for 16 hours straight and counting. Here's where things stand as the sun rises in Washington. news.bloombergtax.com/daily-tax-re...

GOP releases portion of tax bill before marathon markup The House Ways and Means Committee is scheduled to mark up at least $4 trillion in tax cuts Tuesday, the culmination of marathon negotiating sessions and an 11th-hour meeting between President Donald…

It’s (finally) Tax Week in the US House of Representatives.

Here’s what we know — and don’t know — about the $4+ trillion tax bill scheduled for a markup tomorrow. news.bloombergtax.com/daily-tax-re...

GOP Offers Boosted Deductions in Tax Bill Legislation (1) House Republicans Friday released a portion of their draft tax legislation that would temporarily increase the standard deduction and allow for more business deductions.

House Republicans released part of their draft tax bill late Friday, which would temporarily increase the standard deduction, the child tax credit, estate tax trigger threshold, and business deductions for passthrough entities. w/ @reportercioffi.bsky.social news.bloomberglaw.com/daily-tax-re...

House GOP Leader Rejects $500 Billion Cost of SALT Cap Increase Republicans won’t dedicate a half-trillion dollars in lost federal revenue to increasing the limit on the state and local income tax deduction, House Majority Leader Steve Scalise (R-La.) said…

New: Republicans won’t dedicate a half-trillion dollars to increasing the SALT cap, House Majority Leader Steve Scalise said this week as blue-state Republicans sought similar cuts.

“We just can’t do that," he told the Ripon Society. news.bloombergtax.com/daily-tax-re...

via @elwasson.bsky.social @houseinsession.bsky.social

US House Panel to Begin Debate on Trump Tax Cuts on Tuesday The House’s tax panel will consider President Donald Trump’s massive tax package starting on Tuesday, according to people familiar with the decision.

The House’s tax panel will consider President Donald Trump’s massive tax package starting on Tuesday, signaling Republicans on the Ways and Means Committee are close to a deal on key items, including expanding the SALT deduction & restricting estate taxes. www.bloomberg.com/news/article...

Auto Interest Deduction Proposal Tweaked to Expand Eligibility An ally to President Donald Trump in Congress is updating a measure codifying one of his signature campaign promises to expand auto interest tax deduction eligibility beyond wealthier filers.

Scoop: Sen. Bernie Moreno is updating his legislation codifying one of President Donald Trump's signature campaign proposals to expand its eligibility. His initial draft would have limited the benefit primarily to wealthier taxpayers. news.bgov.com/daily-tax-re...

CBO Chief Still Sees US Treasury ‘X-Date’ Coming Late Summer The head of the nonpartisan Congressional Budget Office said the US Treasury Department can likely keep paying the government’s bills until late summer before Congress must act to raise or suspend…

CBO Director Phillip Swagel says federal revenue estimates show Treasury has a few more months before it could run out of cash, giving lawmakers breathing room on the tax bill they hope to attach to a borrowing extension. www.bloomberg.com/news/article...

New: Sports leagues are taking no chances after President Donald Trump threatened to take away lucrative tax breaks for billionaire owners.

NFL and MLB spending on tax lobbyists in Q1 outpaces their activity at the start of any of the last 10 years. news.bloombergtax.com/daily-tax-re...

Trump White House Floats Over $2 Billion in Cuts to IRS Budget President Donald Trump proposed cutting almost $2.5 billion in annual funding from the IRS in his so-called “skinny budget” released Friday.

President Donald Trump on Friday asked Congress to cut almost $2.5 billion in annual funding from the IRS by rolling back enforcement and complex tax credits. news.bloombergtax.com/daily-tax-re...

Tice family says U.S. had knowledge of Austin’s location for years U.S. officials have long said their effort to track down Austin Tice, the journalist abducted in Syria in 2012, yielded no reliable information as to his whereabouts.

www.washingtonpost.com/national-sec...

! “The U.S. government had specific knowledge of the whereabouts of journalist Austin Tice, who went missing in Syria in 2012, for more than a decade, his mother said on Thursday … based on extensive intelligence records the Trump administration recently permitted her to access” #FreeAustinTice

Trump Tax Policy Adviser Wins Key Senate Panel Endorsement President Donald Trump’s pick to be the top tax policy official at the Treasury Department surmounted a critical hurdle Tuesday, teeing him up for likely confirmation by the full Senate.

The Senate Finance Committee along party lines voted earlier today to advance President Donald Trump’s pick to be the top tax policy official at the Treasury Department, teeing the former tax lobbyist up for likely confirmation by the full Senate. news.bloombergtax.com/daily-tax-re...

Trump Pick Kies Promises to Review Final ‘Double Dip’ Loss Rules President Donald Trump’s pick for a top Treasury Department position committed earlier this month to reviewing finalized regulations that dictate how companies can use losses they’ve acquired…

President Donald Trump’s pick for a top Treasury Department position committed earlier this month to reviewing finalized regulations that dictate how companies can use losses they’ve acquired overseas to offset federal income. news.bloombergtax.com/daily-tax-re...

Congress will gavel back in soon from its two-week recess.

On deck, multi-trillion-dollar tax legislation and a lot of questions about how to pay for it.

More in this morning’s Tax Brief: news.bloombergtax.com/daily-tax-re...

Bessent, Republicans Huddle on Taxes as Economic Tension Builds Treasury Secretary Scott Bessent and congressional Republicans will meet to sketch out the plan for passing a multi-trillion tax cut in the coming weeks as polling shows that voters largely…

The Big Six will huddle on Capitol Hill this afternoon as they sketch out the plan for passing a multi-trillion tax cut bill in the coming weeks, per @elwasson.bsky.social. Attendees will include Bessent, Hassett, Thune, Johnson, Crapo and Jason Smith. www.bloomberg.com/news/article...

House Budget Bill Defunds Audit Board, Transfers Role to SEC (2) House Republicans have proposed eliminating the US audit regulator, ceding its duties to the SEC and its millions in funding to the Treasury.

House Republicans’ budget bill would eliminate the US audit regulator, ceding its duties to the SEC and threatening to derail independent oversight of auditors charged with vetting the revenues of public companies worth trillions of dollars. news.bloombergtax.com/financial-ac...

Exclusive: Syrian letter delivers response to US conditions for sanctions relief The United States last month handed Syria a list of eight conditions it wants Damascus to fulfill.

“In the four-page document, Syria pledges to set up a liaison office at the foreign ministry to find missing U.S. journalist Austin Tice.” #BringAustinHome www.reuters.com/world/middle...

Republicans hope to extend government borrowing by trillions of dollars in the budget reconciliation bill before the X date when the government would default on its debt, raising the stakes for completing the still-undisclosed tax package.

The Treasury has used a little more than half of the extraordinary measures it has as its disposal to keep the government from running out of borrowing room under the statutory debt limit, per colleague Alexandra Harris.

WASHINGTON April 24 – Rolling Pictures announces that a portion of proceeds from its upcoming political thriller, 'Words of War,' will be donated to the Press Freedom Center and the Committee to Protect Journalists.

Cracks Emerge in Support for Trump’s Tax-Free Tips, Overtime Ideas Divisions are emerging in Congress over making President Donald Trump’s promises to exempt taxes on tips and overtime into law.

New: Sen. Thom Tillis thinks Congress should punt on no tax on tips, overtime, Social Security to focus on TCJA extension.

“Get all the distractions out of the room."

w/ @reportercioffi.bsky.social: news.bloombergtax.com/daily-tax-re...

Congress Returns With Ambitious Plans to Move on Tax Extensions Talking Tax · Episode

Congress is coming back from recess next week in hopes of sprinting toward multi-trillion-dollar tax legislation. @reportercioffi.bsky.social and I break down the issues at play and the provisions we’re watching closely. open.spotify.com/episode/6K5D...

Big business frets Congress will hike their levies Republicans find themselves in the novel position of weighing how much of the cost of extending a multi-trillion-dollar tax package should be borne on the backs of businesses and the rich.

Republicans find themselves in the novel position of weighing how much of the cost of extending a multi-trillion-dollar tax package should be borne on the backs of businesses and & rich.

That makes business' backers in DC antsy.

More in the latest Tax Brief: news.bloombergtax.com/daily-tax-re...

Pope Francis, Promoter of More Compassionate Church, Dies at 88 Pope Francis, who encouraged Catholics to embrace a more compassionate view on many issues but found it difficult to close the book on past abuses by clergy, has died. He was 88.

BREAKING: Pope Francis, promoter of a more compassionate Church, dies at 88

Trump’s Millionaire Tax Would Hit CEOs, Wall Street Bankers While Billionaires Slide CEOs, doctors, lawyers and Wall Street bankers are the likeliest to feel the impact if President Donald Trump and Republicans in Congress boost taxes on millionaires. Billionaires, on the other hand,…

📝A tax hike on high-income earners would hit “highly paid professionals, like executives and top athletes. By contrast, the very richest might not feel much of a change, as most billionaires’ income tends to come from dividends and long-term capital gains”