In 2021, Rachel Reeves criticized the Tories for increasing National Insurance, stating that it would make new recruits more expensive and burden businesses during a sensitive economic recovery period. Despite Labour’s manifesto pledge not to raise taxes on working people, Reeves hinted at a potential increase in the employers’ NI rate, emphasizing the need to address the gap in government spending. The chancellor also hinted at tax increases in the upcoming Budget, focusing on strengthening public finances and making tough decisions on spending and welfare.
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Offsides: The Two House Dems Who Make GOP’s SCORE Act ‘Bipartisan’
At a recent House hearing, Chairman Gus Bilirakis promoted the bipartisan SCORE Act regarding college athlete compensation, but a partisan divide emerged over safeguarding the NCAA from antitrust lawsuits and athlete employment classification. Despite Democratic criticism, two freshman Democrats, Reps. Janelle Bynum and Shomari Figures, supported the bill, emphasizing the need for legislative stability amidst a complex legal landscape. Explain It To Me Like I'm 5: At a recent meeting, lawmakers discussed a new plan...
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