May 23, 2008
- CHN: Improvements in Low-Income Tax Credits in House Bill
On May 21 the House passed legislation including improvements for low-income families in the Child Tax Credit and the Earned Income Tax Credit. These important changes were part of the Renewable Energy and Job Creation Act (H.R. 6049), which extends dozens of temporary tax cuts that expired December of 2007 or will expire December 2008. Read More »
Posted in Tax Policy Comments Off - CHN: Domestic Priorities Make it into Supplemental Bill
A supplemental appropriations bill that includes funding for both the wars in Iraq and Afghanistan and a set of domestic priorities is winding its way through Congress. On May 15 the House considered three amendments as components to the bill. First it passed a package of domestic priorities that includes extending unemployment insurance (UI), expanding Read More »
Posted in Economy Comments Off - CHN: Senate Committee Passes Mortgage Bill That Differs with the House
By an overwhelming vote of 19 to 2 on May 20, the Senate Banking Committee approved The Federal Housing Finance Regulatory Reform Act of 2008. The bill contains three main provisions. It establishes a new program to help homeowners at risk of foreclosure, creates a new fund to help create more affordable housing, and tightens Read More »
Posted in Housing and Homelessness Comments Off - CHN: Farm Bill Becomes Law With a Glitch
By veto-proof votes of 318-106 in the House on May 14 and 81-15 in the Senate on May 15, the Farm bill reauthorization, (the Farm, Nutrition, and Bioenergy Act of 2007, H.R. 2419) passed both chambers. The bill makes important improvements that will raise food stamp benefits, increase funding for emergency food, and fund fruit Read More »
Posted in Food and Nutrition, SNAP Comments Off - CHN: House-Senate Negotiators Agree on a Budget Deal; Last Minute Snag Delays Enactment (5/23/08)
broken link Read More »
Posted in Budget and Appropriations Comments Off
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