Lawmakers are unfortunately focusing on renewing several expired tax provisions, mainly benefiting businesses, without offsetting the lost revenue. Initially, lawmakers were negotiating a much larger deal that would have made several expired provisions permanent while extending many others for one…
Lawmakers are now focusing on extending a series of tax provisions mainly benefiting businesses for one year after a much larger deal that would have added hundreds of billions of dollars to the deficit collapsed last week. (more…)
Members of Congress went home for their Thanksgiving break amid growing doubts about whether they will be able to pass appropriate budget legislation before the end of the year. Lawmakers should have passed a dozen spending bills for Fiscal 2015…
Part of the long to-do list for the lame duck Congress is deciding whether to authorize new spending for operations against ISIS while setting broader defense priorities in a constrained fiscal environment. The administration recently requested an additional $5.6 billion…
