Congress · 117th Congress
Democrats’ constituents would bear the brunt of Biden’s taxes
[jwp-video n=”1″] The pain would be concentrated in Democratic strongholds.
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Opinion · 117th Congress
Independents will decide when Biden’s honeymoon is over
[jwp-video n=”1″] Still hopeful So Wednesday’s address to Congress has a lot riding on it, but Biden can take some comfort that, at this stage of a presidency, people are still willing to listen
Congress · 117th Congress
Axing ‘SALT’ limit would widen income gap, witness tells panel
taken advantage of the disunity in the other party on this issue, pointing to a 2019 Joint Committee on Taxation estimate that 52 percent of the benefit from a repeal of the cap would go to those making $1
Campaigns · 117th Congress
Conservative groups target swing Democrats in fight against infrastructure plan and taxes
House Democrats have been voting in such a partisan lockstep,” Phillips said, noting party-line votes this year on a COVID-19 economic measure as well as a campaign finance and voting bill known as HR 1.
Policy · 117th Congress
US confronts ‘digital dagger’ from overseas aimed at top tech companies
[jwp-video n=”1″] The USTR position is “an important affirmation in pushing back on these discriminatory trade barriers as the U.S. continues to work to find a viable solution at the OECD,”
White House · 117th Congress
What’s in Biden’s infrastructure investment, corporate tax plan
The one-time investment is sweeping, covering everything from climate change to workforce development, and would amount to an investment of about 1 percent of the GDP per year over eight years, according
Policy · 117th Congress
Biden plan’s transportation funds would be on top of highway bill
It includes about $45 billion annually for the nation’s more than 1 billion miles of federal aid highways, as well as $12.3 billion annually for transit.
Congress · 117th Congress
Sanders rolls out nearly $3 trillion in tax increase proposals
A Biden campaign plan to raise taxes on multinationals would raise somewhere between $500 billion and $1 trillion over a decade, according to independent estimates, while his proposed 10-percent tax credit
Congress · 117th Congress
Memory of Capitol riot hangs over DC statehood hearing
The bill could have gotten a House vote before April 1 without a hearing because it passed last Congress, but Chairwoman Carolyn Maloney said in a press call Monday that holding the hearing was important
Opinion · 117th Congress
Biden’s progressive agenda doubles down on past policy failures
According to a recent Winning the Issues survey, by a 2-to-1 margin (51 percent to 24 percent), voters said keeping the 2017 tax cuts in place would help in the economic recovery from COVID-19 as opposed
Congress · 117th Congress
Tightened executive pay limits tucked into coronavirus aid bill
The 2017 bill got rid of this exclusion, setting a flat $1 million cap on write-offs for the pay of the top five executives.
Congress · 117th Congress
Gig workers would pay higher taxes under coronavirus aid bill
insert by Democrats looking to offset the cost of their coronavirus aid package would send tax collectors into the gig economy, eventually costing Uber and DoorDash drivers, Airbnb hosts and others about $1
Congress · 117th Congress
Dueling unemployment proposals delay Senate votes on aid bill
Senate Minority Leader Mitch McConnell said Friday morning he believes just 9 percent of the package addresses “the fight against the virus itself” and only 1 percent is geared toward vaccine research
Opinion · 117th Congress
Reconciliation, corrupted by Congress: May it R.I.P.
[jwp-video n=”1″] In 1981, the new Reagan administration and the Republican-controlled Senate spearheaded what would become the avant-garde reconciliation process that would remain for the rest
Congress · 117th Congress
Senate parliamentarian hears arguments on coronavirus relief bill
[jwp-video n=”1″] MacDonough is expected to render a verdict later on Wednesday or Thursday, lawmakers and aides say.
Congress · 117th Congress
CBO: Minimum wage boost would increase deficit, cost jobs
referee Sanders said he could not understand how the CBO could project large deficits when the agency’s 2019 estimate of similar legislation found the wage boost would increase deficits by less than $1
Congress · 117th Congress
Senate GOP laying amendment traps for budget debate
[jwp-video n=”1″] “We’ll be getting senators on the record about whether taxpayers should fund checks for illegal immigrants; whether Democrats should raise taxes on small businesses in the
Congress · 117th Congress
Relief bill starts to take shape as budget votes approach
[jwp-video n=”1″] A statement from incoming Senate Budget Chairman Bernie Sanders, I-Vt., mentions action on shoring up multiemployer pension plans as being potentially part of the legislation
Policy · 117th Congress
State and local tax deduction cap back in play for coronavirus relief package
“It’s so disappointing and harmful that they would use this crisis to push their agenda and help the top 1 percent.”
White House · 117th Congress
Biden won’t ‘cherry pick’ parts of his $1.9 trillion coronavirus aid plan
The majority could use the time before then to move a fiscal 2021 budget resolution directly to the floor, which the 1974 budget law allows since the Senate Budget panel didn’t act by April 1, 2020.