Fueled by a stronger-than-expected monthly national employment report, President Donald Trump is vowing to press the US Congress to craft a bipartisan COVID-19 response package this summer that places a heavy emphasis on policies that would accelerate the return of the American economy as it emerges from the pandemic-driven shutdown. The White House drive comes … Continue Reading
Legislative Activity Tax-Writers May Punt Highway Bill…Again On July 29, just prior to adjourning, the House overwhelmingly approved a three-month compromise highway spending bill. This three-month extension, which also costs $8 billion and expires on October 29, was passed with hopes that both chambers will now have sufficient time to negotiate a compromise on tax … Continue Reading
Tax Legislative Activity Congressman Says Tax Extenders Could be Handled this Spring Representative Richard Neal (D-MA), a member of the House Ways and Means Committee, stated that if comprehensive reform stalls, the committee could take up tax extenders “sometime around February or March.” Tax extenders are provisions that are due to expire at the end … Continue Reading