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    Common DreamsTo inform. To inspire. To ignite change for the common good.

    richard neal

    William Long Testifies In Senate Nomination Hearing To Be IRS Commissioner

    'The Clown Show Continues': Billy Long Out at IRS, But Probe to Persist

    Senate Finance Committee Ranking Member Ron Wyden said that "my investigators have obtained alarming information pertaining to Long's conduct at the IRS that we have begun to investigate."

    Jessica Corbett
    Aug 08, 2025

    Less than two months after U.S. Senate Republicans confirmed Billy Long as head of the Internal Revenue Service, the scandal-plagued commissioner confirmed on Friday that he is leaving the IRS to serve as President Donald Trump's ambassador to Iceland.

    U.S. Senate Finance Committee Ranking Member Ron Wyden (D-Ore.)—who opposed Long's IRS nomination with the rest of the chamber's Democrats—pledged in a Friday statement that a probe of the outgoing commissioner will continue.

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    internal revenue service
    Scott Bessent

    Bessent Admits Trump Tax Scam Offers 'Backdoor for Privatizing Social Security'

    "Despite their repeated claims they wanted to protect Social Security, the Trump administration said the quiet part out loud," said one critic in response to the billionaire treasury secretary's candid comments.

    Brett Wilkins
    Jul 30, 2025

    U.S. Treasury Secretary Scott Bessent on Wednesday admitted that a provision in Republicans' One Big Beautiful Bill Act is a mechanism for privatizing Social Security—something President Donald Trump has repeatedly said he won't do.

    Speaking at a policy event hosted by the far-right news site Breitbart, Bessent touted the so-called "Trump accounts" available to all U.S. citizen children starting next July under the OBBBA signed by the president earlier this month.

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    A sign reads, "People I love depend on SNAP, TANF, and Medicaid"

    Critics Decry Trump-GOP Tax Bill as 'Trickle-Down Economics on Steroids'

    "I'll tell you what's coming: handouts for billionaires, healthcare cuts for the people," warned one Democratic lawmaker.

    Brett Wilkins
    May 12, 2025

    House Democrats and civil society groups led condemnation of legislation introduced Monday by congressional Republicans and backed by President Donald Trump that one lawmaker said is "about tax breaks for billionaires and kickbacks to corporate donors" at the expense of working class families.

    The 389-page bill includes trillions of dollars in tax cuts that would disproportionately benefit the ultra-wealthy and corporations, largely by extending Trump's first-term reductions in taxation mainly for top earners derided as the "GOP tax scam." The proposal also broadens the estate tax exemption for the superrich and makes permanent a massive tax break on offshore corporate profits, a top wish-list item for Big Business.

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