November 13, 2007
- CHN: Child Tax Credit Improvement in House AMT Bill
On November 9, the House passed a major tax bill that provides a one-year Alternative Minimum Tax (AMT) ‘patch,’ a one-year extension of certain tax credits that would otherwise expire on December 31st, temporary improvements to the Child Tax Credit, and a new tax deduction to homeowners who pay property taxes but do not itemize Read More »
Posted in Tax Policy Comments Off - CHN: Unemployment Insurance Reforms Pass in House; President Threatens Veto Fund
On October 31st, the Trade and Globalization Readjustment Act (H.R. 3920) passed in the House 264-147. Sponsored by Representative Rangel (D-NY), Chair of the House Committee on Ways and Means, this bill seeks to expand government benefits for workers who are left jobless by foreign competition by renewing the Trade Adjustment Assistance Program, now temporarily Read More »
Posted in Labor and Employment, Unemployment Insurance Comments Off - CHN: Child Tax Credit Improvement in House AMT Bill
On November 9, the House passed a major tax bill that provides a one-year Alternative Minimum Tax (AMT) ‘patch,’ a one-year extension of certain tax credits that would otherwise expire on December 31st, temporary improvements to the Child Tax Credit, and a new tax deduction to homeowners who pay property taxes but do not itemize Read More »
Posted in Tax Policy Comments Off - CHN: Negotiations Continue to Secure Veto-Proof Majority on Children’s Health Bill
On November 1 the Senate passed the latest version of the State Children’s Health Insurance Program (SCHIP) reauthorization bill (H.R. 3963) by a vote of 64-30. The bill passed a week earlier in the House, but without sufficient votes to override a Presidential veto. (For a summary of the bill see the Human Needs Report.) Read More »
Posted in Health Comments Off - CHN: Congress Enacts Labor-HHS-Education Appropriations; President Vetoes
And Another Extension to Keep the Government Running Congress sent the President legislation providing $150.7 billion in annual appropriations for the departments of Labor, Health and Human Services, and Education, with funding also for the administration of Social Security and several other smaller agencies. Because the amount agreed to by the House and Senate was Read More »
Posted in Budget and Appropriations Comments Off
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