Republicans strike deal on tax package
Republican negotiators on Wednesday said they’ve managed to strike a deal on a $1.4 trillion tax-cut package and that they’ll be prepared to send it to President Trump’s desk next week.
tax
Feds Collect Record Taxes Through November; Still Run $201.8B Deficit
The federal government collected record total tax revenues of $443,715,000,000 in the first two months of fiscal 2018 (Oct. 1, 2017 through the end of November), according to the Monthly Treasury Statement.
House Republicans urge repeal of Obamacare individual mandate penalties in tax bill
House Republicans on Monday urged congressional leaders to include the repeal of Obamacare’s individual mandate penalty in the final version of the tax bill.
House, Senate conferees to meet publicly Wednesday on tax legislation
The House-Senate conference committee working to finalize a tax bill will meet publicly Wednesday to work on the final version of the legislation, chairman Kevin Brady of Texas announced Friday, and GOP members are also expected to work through the weekend to reach an agreement.
Congressional Committee Passes Taylor Force Act, Strikes a Major Blow to Palestinian Terrorists’ ‘Pay to Slay’ Efforts Using Your Tax Dollars
What would you say if you found out your tax dollars were indirectly going to pay Palestinian Arab terrorists to murder Israeli Jews and others? A new bill passed in the House now makes that impossible.
House Republicans call for Democrats to make concessions to get a vote on Obamacare bills
A top House Republican said Democrats need to make concessions that make them ‘wince’ in order to get a vote on two Obamacare stabilization bills.
Republicans push for final version of tax cut bill to meet year-end goal
Congressional Republicans say they are pressing forward after the Senate passed its $1.4 trillion tax cut bill late last week and that its differences with the House version shouldn’t create major roadblocks in the process as they look to send a bill to President Trump’s desk before year’s end.
FBI Finally Investigates Planned Parenthood’s Human Remains Trafficking Scheme
After years of investigations that began primarily due to whistleblower videos, the FBI has finally decided to investigate Planned Parenthood for trafficking in human remains from abortion. Between that and the Center for Medical Progress’s latest undercover video showing how PP colluded with medical company StemExpress to sell the most aborted baby parts for the most profit, the GOP should finally defund this shady organization that still receives a large guaranteed taxpayer subsidy.
GOP scrambles for plan B tax increase after floor drama over Senate tax bill
Senate Republicans are considering a tax increase as a plan B to raise revenue to get their party’s deficit hawks to support their tax bill, Republican Whip John Cornyn said Thursday evening, as the ‘debt trigger’ idea the party had been working on ran afoul of Senate rules.
Senate tax plan would cost $1 trillion over 10 years factoring in growth: Study
The Senate GOP’s tax-cut plan would result in modest economic growth in the coming decade that would shave about $400 billion off its $1.4 trillion price tag, according to a report from congressional scorekeepers released Thursday.
Tax cut plan slips out of Senate Republicans’ hands when ‘trigger’ compromise is nixed
Senate Republicans were struggling to keep their $1.4 trillion tax cut on track Thursday night after a key compromise crumbled, sending leaders scurrying for another last-minute rewrite to try to keep deficit hawks on board.
Senate votes to advance $1.4 trillion tax cut bill
The Senate voted Wednesday to open debate on a $1.4 trillion tax bill after Republican leaders worked out preliminary deals to the smooth over the concerns of several Republican lawmakers.
Senate Republicans aiming to advance tax bill Wednesday
Senate Republicans on Wednesday plan to advance a $1.4 trillion tax cut bill by voting to begin debate on the measure that looks likely to pass in the coming days.
Senate leaders eye changes to tax bill to win over GOP holdouts
Senate Republicans negotiated changes to their tax reform legislation Monday, with leadership working to alter the bill to win the support of their conference members and then quickly pass it later this week.
Grijalva’s secret deal with ex-staffer exposes Capitol Hill ‘hush fund’ to cover up bad behavior
Rep. Raul M. Grijalva quietly arranged a ‘severance package’ in 2015 for one of his top staffers who threatened a lawsuit claiming the Arizona Democrat was frequently drunk and created a hostile workplace environment, revealing yet another way that lawmakers can use taxpayer dollars to hide their misbehavior on Capitol Hill.
Analysis: Senate Tax Plan Will Reduce Taxes for Most Taxpayers, Gives Biggest Cuts to Moderate-Income Families
The Senate’s Tax Cuts and Jobs Act will reduce taxes for most households and will give the biggest cuts to those with moderate incomes and those with children, according to an analysis from the Tax Foundation.
Nearly $1 Million Tax Dollars Paid By U.S. Treasury This Year to Settle Sexual Harassment Suits Against Congressmen
Republicans and Democrats in Washington are vying to appear the more outraged by sexual harassment on Capitol Hill. Don’t be fooled. Groping, suggestive remarks and quid pro quos are business as usual on the Hill, thanks to a cover-up scheme devised by Congress itself using taxpayer dollars. The real scandal is that we the people pay the settlement costs and legal fees when members of Congress get caught with their pants down.
Seattle’s income tax on the wealthy is illegal, judge rules
Seattle’s income tax on wealthy households failed its first legal test Wednesday, with a King County Superior Court ruling that the measure is illegal.
Economist: States With Lower Taxes on Business and Personal Income Have Higher Economic Growth
States with lower taxes on businesses and personal income have higher economic growth, according to an economist at the American Legislative Exchange Council.
Trump open to dropping healthcare provision in Senate tax bill
U.S. President Donald Trump would not insist on including repeal of an Obama-era health insurance mandate in a bill intended to enact the biggest overhaul of the tax code since the 1980s, a senior White House aide said on Sunday.