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45ae59f6be38e421749b1804ad67ec3f Archive

Infrastructure Nears A Vote And The Reconciliation Process Begins

TweetShareSharePin0 Shares Infrastructure and Investment Jobs Act poised for Senate passage. The Senate is expected to pass the bipartisan $1 trillion infrastructure bill today. Will there be a cryptocurrency reporting deal? Yesterday, senators and the Biden Administration appeared to reach a compromise after the crypto industry opposed the original reporting requirements backed by the White

Infrastructure Bill’s Amendment Debate Continues Into This Week

TweetShareSharePin0 Shares Tennessee Senator slows amendment debate after CBO report on deficits. Republican Sen. Bill Hagerty opposed the bipartisan infrastructure bill because of a Congressional Budget Office (CBO) score finding it would increase the deficit by $256 billion. The bipartisan group of senators who developed the deal said it would be fully offset. Said Hagerty,

Spending Demands, Marriage Penalties, and Other Tax Rules

TweetShareSharePin0 Shares Remember those spending bills? Senate Minority Leader McConnell issues demands. Senate Democrats need 60 votes in order to pass any of the 12 bills that fund the federal government in the next fiscal year. The Senate Appropriations Committee just passed its first package of bills for fiscal year 2022. Senate Minority Leader Mitch

Stop and Go Traffic for Infrastructure Bill

TweetShareSharePin0 Shares “We’re just getting started…” Senate Minority Leader Mitch McConnell signaled that the amendment process for the bipartisan infrastructure bill would be no small affair. Meanwhile, centrist Democratic Senator Joe Manchin said that he’d back Senate Majority Leader Schumer shutting down debate to force a final infrastructure vote this week, reiterating that he’d support

“A Matter Of Days…” | Tax Policy Center

TweetShareSharePin0 Shares Will the bipartisan infrastructure bill pass this week? Senate Majority Leader Chuck Schumer says he wants the $1 trillion bill that includes $550 billion in new spending to pass “in a matter of days.” Senators will have the chance to offer an as yet unknown number of amendments to the infrastructure bill, which

Racing To The Finish… | Tax Policy Center

TweetShareSharePin0 Shares The dog days of August will be jam-packed. In a rare Sunday session, the Senate bipartisan group continued work on the massive, roughly 2,70-page infrastructure bill, releasing text late last night.. Senate Majority Leader Chuck Schumer plans to hold a vote on the infrastructure legislation as early as this week, followed by a vote on the

The Tax Hound

TweetShareSharePin0 Shares Tax policy isn’t just for economists, lawyers, or policymakers. Taxes affect us all and The Tax Hound engages the rest of us in interesting conversations about what government taxes, and why. Source link TweetShareSharePin0 Shares

What’s Next For Infrastructure? | Tax Policy Center

TweetShareSharePin0 Shares More work, more questions… and certainty? The Senate will work through amendments to the $1 trillion infrastructure bill that includes $550 billion in new spending. But how might it be paid for? Will economic growth help cover the cost, or revenues collected with increased reporting on cryptocurrencies?  And what will happen in the
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