10 things you need to know today: December 21, 2022

A House committee votes to release some of Trump's tax returns, Zelensky will meet with Biden and address Congress, and more

Trump's tax returns
(Image credit: Drew Angerer/Getty Images)

1. House committee votes to release Trump tax returns

The powerful House Ways and Means Committee voted Tuesday along party lines to release some of former President Donald Trump's tax returns. Republicans called the move partisan, and threatened to retaliate against Democrats, including President Biden. Democrats said releasing Trump's tax returns serves the public interest, as the Internal Revenue Service did not audit Trump as required during his first two years in office. The audit only started when Congress requested Trump's returns in 2019. "This was never about being punitive," said Rep. Richard Neal (D-Mass.), the committee's chair. Trump paid $1.1 million in federal income taxes in his first three years as president, but none in 2020 as his losses mounted, according to data the committee released.

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
To continue reading this article...
Continue reading this article and get limited website access each month.
Get unlimited website access, exclusive newsletters plus much more.
Cancel or pause at any time.
Already a subscriber to The Week?
Not sure which email you used for your subscription? Contact us
Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.