After a spate of requests by Democrats and campaign finance groups for an IRS investigation of a number of section 501(c) organizations accused of abusing their status by engaging primarily in political advocacy, some Senate Republicans are pushing back:
Such a review threatens to “chill the legitimate exercise of
Sen. Max Baucus’ (D-Mont.) letter requesting that the IRS investigate a number of Section 501 nonprofit organizations — accused of abusing their tax-exempt status by devoting the majority of their energies to election activities — is getting a lot of approval from campaign finance advocacy groups, but also More…
All those stories about tax-exempt organizations skirting election law seem to be finally getting some attention up on Capitol Hill. Senate Finance Committee Chairman Max Baucus (D-Mont.) announced today that he has sent a letter to the IRS Commissioner Doug Shulman asking for a thorough investigation into the use More…
Yesterday, I wrote about the TANF Emergency Fund, or TEF, a stimulus program that funded job-subsidy programs, leading to the employment of 240,000 previously jobless workers. That program is expiring on Sept. 30, meaning tens of thousands might lose their jobs.
After two months of wrangling, Congress passed an extension of unemployment benefits earlier this month. But a number of other of vital safety-net programs remain in limbo.
It’s not the permanent fix they were looking for, but the American Medical Association, the nation’s largest lobby of doctors, said yesterday that it supports the Democrats’ proposal to postpone a pay cut for Medicare doctors until 2014 — a temporary solution that kicks the problem down the More…
So says the office of Sen. Max Baucus (D-Mont.), who heads the Senate Finance Committee.
The bill would extend the filing deadline for the existing tiers of emergency unemployment benefits — not to be confused with the creation of additional tiers — through the end of More…
As Congress continues to negotiate unemployment benefits legislation, Bloomberg has a story this week noting what few others have: that the so-called extension of benefits isn’t really an extension of benefits at all. Rather, it’s an extension of the filing deadline to apply for existing benefits, More…
Financial regulatory reform uses multiple complex provisions to force banks to raise capital and lower risk. Today, Sen. Charles Schumer (D-N.Y.) offered his support for a blunter instrument: a bank tax.
“I think the administration’s proposal is a common-sense way to make sure that money should be repaid, and More…
Appearing on CNBC yesterday, Sen. Orrin Hatch (R-Utah) decried the Democrats’ plans to cover tens of millions of uninsured Americans by “mandat[ing] that people have to buy a government insurance policy.”
Actually, no.
The proposed individual mandate, which doesn’t apply to everyone, would require most Americans to buy private insurance More…
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