Internal Revenue Service (IRS)

IRS rolls out new rules for patients with high-deductible plans, chronic diseases

The IRS rolled out new rules Wednesday to help people who have chronic diseases, but are also on the hook for thousands of dollars of their medical bills.

How it works: The new rules allow insurers to cover treatment for chronic conditions, like diabetes and high blood pressure, before patients have met their deductibles.

House Democrats sue Treasury Department for Trump's tax returns

Mnuchin
Treasury Secretary Steven Mnuchin. Photo: Mark Wilson/Getty Images

House Ways and Means Chairman Richard Neal is filing a lawsuit against the U.S. Treasury Department in an effort to compel the IRS to turn over President Trump's tax returns.

Why it matters: Treasury Secretary Steven Mnuchin has denied multiple requests for Trump's tax returns, including a subpoena from the House Ways and Means Committee in May — arguing that the demands "lack a legitimate legislative purpose." The result of Mnuchin's defiance is likely to be a protracted court battle.