- 10:21 pm Sunday, November 19th, 2017 by Jamie Dupree
Congressional Republicans left Capitol Hill late last week excited about the prospects for sweeping legislation which would deliver tax cuts and tax reform, as with approval of a House tax bill, the focus has shifted to the Senate, and whether GOP leaders can muster the needed votes to approve a slightly different GOP tax measure after Thanksgiving.
“This bill gives Americans more take home pay by cutting taxes and preserving deductions for home mortgage interest and charitable contributions,” said Sen. Bill Cassidy (R-LA) – while he’s on board, only a handful of GOP Senators are expected to determine the fate of [More]
- 9:07 am Saturday, November 18th, 2017 by Jamie Dupree
As the House voted along party lines on Thursday to approve a sweeping package of GOP tax reforms, one peculiar part of the floor debate came when a number of Republicans – who voted for the bill – took to the floor to request changes in the their party’s plan, as some highlighted unintended consequences, while others objected to the basics of the measure.
Known in parliamentary parlance as a “colloquy,” the scripted exchanges between lawmakers are often done to clarify the legislative intent of a bill, or in this case, to urge action in a specific way in House-Senate negotiations.
- 12:56 pm Friday, November 17th, 2017 by Jamie Dupree
The Trump Administration on Friday asked Congress to approve a third major disaster aid relief package for areas hit hard by hurricanes in 2017, which would bring total federal aid to nearly $100 billion, as for the first time, the White House proposed budget savings to offset some of that cost.
“This year’s Atlantic hurricane season has resulted in historic, widespread destruction that continues to affect the lives of millions of Americans,” said White House budget chief Mick Mulvaney in a letter to the Speaker of the House Paul Ryan.
In the same letter, Mulvaney that Congress has already approved [More]
- 11:59 pm Thursday, November 16th, 2017 by Jamie Dupree
After winning full House approval of a GOP tax reform measure, Republicans on Thursday night took another step forward in their quest for sweeping changes to the federal tax code, as the Senate Finance Committee approved a slightly different tax reform bill, setting up a debate on the Senate floor following a Thanksgiving break in Congress.
“This is a good bill that delivers on our promise to provide middle class tax relief and grow our economy,” said Sen. Orrin Hatch (R-UT), after his panel finished up an at times chippy four days of work.
The 14-12 vote in Hatch’s Senate Finance Committee [More]
- 11:30 am Thursday, November 16th, 2017 by Jamie Dupree
The recent rash of accusations of sexual misconduct by high profile men hit Capitol Hill on Thursday, as a radio news anchor from California published a first person account accusing Sen. Al Franken (D-MN) of groping her and kissing her without her consent, while the two were part of a USO military entertainment tour in Iraq in late 2006.
While rehearsing a skit backstage, Leanne Tweeden said Franken forcibly kissed her. “We did the line leading up to the kiss and then he came at me, put his hand on the back of my head, mashed [More]
- 3:00 am Thursday, November 16th, 2017 by Jamie Dupree
With the outcome seemingly in hand, President Donald Trump will go to Capitol Hill on Thursday morning to meet with House GOP lawmakers, as Republicans get ready to vote for a sweeping tax reform package which would deliver close to $1.5 trillion in tax relief over the next ten years to individuals and businesses.
“Tax cuts are getting close!” the President tweeted on Monday night.
Mr. Trump will trek to Capitol Hill hours before the tax reform vote in the House, where he will give a pre-vote pep talk to GOP lawmakers who have made clear they are eager to get on [More]
- 2:44 pm Wednesday, November 15th, 2017 by Jamie Dupree
In search of their first major legislative victory of 2017, Republicans took an initial step forward on a sweeping package of tax cuts and tax reforms, as the House on Wednesday afternoon easily moved past the first parliamentary hurdle to a GOP tax reform package, setting up a final vote on the Republican tax plan for Thursday.
“The American people want and need something done right now,” said Rep. Pete Sessions (R-TX), as debate began in the full House.
“What we cannot afford is to do nothing,” said Rep. Mike Kelly (R-PA), as Republican backers argued the bill will spur new economic [More]
- 12:11 am Wednesday, November 15th, 2017 by Jamie Dupree
Republicans in the U.S. Senate unveiled a series of last minute changes to their tax reform plan late on Tuesday night, ending all plans for individual tax cuts after eight years, while making almost all of the proposed business tax changes permanent, as GOP leaders expressed confidence that they can push a bill through the House by Thursday, and win Senate approval of a slightly different plan soon after Thanksgiving.
As for the newly revised Senate tax reform bill, here is the link to the summary of the revised Senate tax reform bill.
And for true tax policy wonks, [More]
- 12:56 pm Tuesday, November 14th, 2017 by Jamie Dupree
Addressing calls by conservative Republicans in the Congress for the appointment of a special counsel to probe Hillary Clinton over the sale of a company during the Obama Administration with American uranium reserves, U.S. Attorney General Jeff Sessions told lawmakers on Tuesday that there would need to be facts to support such a high profile investigation, giving no indication that such a probe has been authorized by the Justice Department.
“What’s it going to take to actually get a special counsel?” asked Rep. Jim Jordan (R-OH), who repeatedly pressed Sessions on the need for a probe to look at the Uranium [More]
- 10:36 am Tuesday, November 14th, 2017 by Jamie Dupree
Aiming at a vote on Thursday in the full House on a sweeping GOP tax reform package, Republican leaders expressed confidence today that they will be able to overcome opposition within Republican ranks to some of the tax details, and muster enough support for a signature agenda item of both the GOP and President Donald Trump, as Senate Republicans vowed to add a provision to the bill that would repeal the tax penalty associated with the individual mandate under the Obama health law.
“We feel very good where we are,” said House Speaker Paul Ryan, following a closed door meeting [More]