February 17, 2006

  • CHN: Katrina Survivors Would Get More Unemployment Help Under Senate Bill

    More than 35,000 Louisiana hurricane survivors now collecting federal Disaster Unemployment Assistance are due to lose the meager aid this program offers on March 4 if Congress does not act to extend aid. Senators Susan Collins (R-ME) and Joseph Lieberman (D-CT) co-sponsored legislation (S. 1777) to extend benefits for 13 more weeks, which was passed Read More »

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  • CHN: The President’s Scandalous Budget

    On February 6, President Bush released his budget proposal for Fiscal 2007. Senator Arlen Specter (R-PA) struck a responsive chord when he called the budget “scandalous” for its cuts in education and health care. The budget makes $182 billion in cuts to domestic programs outside homeland security over 5 years, but makes the deficit even Read More »

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  • CHN: How a Bill Becomes a Law – Usually

    Even elementary students of civics know that in order for a bill to become a law, both branches of Congress must enact identical wording, which is then sent to the President for his signature. That constitutionally-required procedure was violated when the President signed the already-controversial budget reconciliation bill on February 8. The reconciliation bill is Read More »

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  • CHN: GOP Leaders Hope to Jump Procedural Hurdles to Extend Tax Breaks

    Senate and House conferees hope to come to agreement on language for a tax reconciliation bill before the March recess — and to resolve the debate over whether extensions of the capital gains and dividend tax breaks should be included in the bill. The 2003 breaks on capital gains and dividend tax rates expire at Read More »

    Posted in Tax Policy | Comments Off on CHN: GOP Leaders Hope to Jump Procedural Hurdles to Extend Tax Breaks
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