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Dems Want GAO to Examine Skyrocketing Prescription Prices

On Monday, The New York Times ran a damning story detailing how the nation’s drug makers are hiking their prices ahead of the reform laws winding their way through Congress. The very next day, some powerful House Democrats called for a closer look, asking the Government Accountability Office to examine the drug industry to verify [...]


Lewis: TARP Firms Owe Back Taxes

Seems it’s not just White House appointees who struggle with tax delinquencies.
At a House panel hearing today, Rep. John Lewis (D-Ga.), who heads the Ways & Means Oversight Subcommittee, revealed the results of the panel’s investigation into the top recipients of federal help under the Wall Street bailout.
The results: 13 of the top 23 recipient [...]


Report: House Dems Expand Businesses Eligible for Tax Breaks Under Stimulus

Another day. Another expansion of the Democrats’ stimulus proposal — and not in ways we might have anticipated.
The House Ways and Means Committee approved its portion of the $825 billion stimulus package Thursday afternoon, including $275 billion in tax cuts.
While the original bill would allow businesses to recover taxes paid over the last five years [...]


No Major Health Reform in 2009?

That’s what Rep. Pete Stark, chairman of the Ways and Means Health Subcommittee, implied today, according to The Hill. The California Democrat said that the economic troubles facing the country — as well as “deferred maintenance” health care issues like the renewal of SCHIP — would push the larger reform debate to late 2009 or [...]


The Rangel Question

Well, House Democrats managed to get through the whole John Dingell/Henry Waxman scrum without too much fallout (or so it appears). But questions linger over how party leaders will handle the Charlie Rangel mess.