Monthly Archives: August 2007

  • CHN: Congress Considers Addressing Gaping Tax Loophole

    Recently it has come to light that certain money managers are enjoying unduly favorable tax treatment enabling them to pocket more than $6 billion a year in tax breaks.  Remarkably, an Economic Policy Institute analysis shows that the top 25 private equity (aka hedge) fund managers walk away with nearly $2 billion of those tax Read More »

    Posted in Tax Policy | Comments Off on CHN: Congress Considers Addressing Gaping Tax Loophole
  • CHN: Legislation Would Overturn Court Pay Discrimination Ruling

    Tuesday the House passed H.R. 2831, a bill that would reverse the recent Supreme Court decision that severely limited workers’ ability to sue over pay discrimination.  In Ledbetter vs. Goodyear Tire and Rubber Co. the Court said that workers cannot sue more than 180 days after the alleged pay discrimination first occurred even if they Read More »

    Posted in Labor and Employment | Comments Off on CHN: Legislation Would Overturn Court Pay Discrimination Ruling
  • CHN: House Enacts Long-Overdue Food Stamp Improvements Senate Action Expected After August Recess

    Improvements in the Food Stamp Program that would stop benefits from shrinking each year and begin to make up lost ground were part of the farm bill enacted by the House on July 27.  Food stamp benefits for an average family will rise $5 a month in 2008 if the legislation moves to final passage.  Read More »

    Posted in Food and Nutrition, SNAP | Comments Off on CHN: House Enacts Long-Overdue Food Stamp Improvements Senate Action Expected After August Recess
  • CHN: Congress on Brink of Expanding SCHIP

    This week, prior to leaving town for the August recess, both the House and Senate approved proposals to renew the State Children’s Health Insurance Program (SCHIP).  The Senate voted 68-31 to approve the Senate Finance Committee’s SCHIP package on August 2. The vote signals a firm bipartisan commitment to reauthorize and strengthen the program.  Furthermore, Read More »

    Posted in Health | Comments Off on CHN: Congress on Brink of Expanding SCHIP
  • CHN: Appropriations Showdown Looming

    With Congress set to recess today for four weeks it is unclear what the plan of action will be when they return in September to address funding for all discretionary federal government programs for FY ’08.  Little time will remain before the new fiscal year begins on October 1 to resolve what is shaping up Read More »

    Posted in Budget and Appropriations | Comments Off on CHN: Appropriations Showdown Looming
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