The IRS, claiming hardship after a small budget cut, says it won't be able to help taxpayers navigate the treacherous waters of ObamaCare this year.
Congressional Republicans are eyeing the budget process to enact tax reform. Senator John Thune of South Dakota is leading the push for Republicans to utilize budget reconciliation to ultimately overhaul the corporate tax code.
Conservative members of Congress are frustrated with House Speaker John Boehner’s leadership and are expected to opt for a change on January 6, when the official speaker’s election is held. While this vote is typically just a formality, conservative lawmakers are hoping to use the opportunity to remove the Ohio Republican, who has served as speaker since 2011.
The Internal Revenue Service has been reeling from the fallout over the scandal involving the agency’s targeting of conservative groups, and a new report is sure to intensify the agency’s growing problems. The report, released December 23 by the Republican-led House committee, reveals a number of significant findings, including that a top official with the IRS had considered going public with the agency’s targeting of conservative groups prior to the 2012 presidential elections, but decided against it.
A new poll from Benson Strategy Group confirms not only that most Americans don’t want an increase in their gasoline taxes but that they’re afraid Congress will enact one anyway.
Earlier this week, House Republicans cut a deal with Senate Democrats on a 1,600-page Omnibus Appropriations bill would fund most of the government through September, and fund the Department of Homeland Security through February 27. If the bill does not pass by midnight on December 11, some government operations will shut down. According to the Washington Post, in case an agreement cannot be reached in time, top appropriators have prepared a short-term extension for a vote that would fund the government for a few days while the House and Senate pass the final bill.
The Republican-run House of Representatives approved a 67-percent tax hike on duck hunters Monday, using a voice vote so members could avoid accountability for their votes.
The newly elected Republican majority in the Senate makes it clear to President Obama that they intend to work together with him to pass fast track/Trade Promotion Authority (TPA) for the TTIP and TPP.