Keyword: waysandmeans
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Donald Trump's tax returns will be made public at midday after a nearly four-year-long fight that saw the former president fight tooth-and-nail to shield his financial statements from public view. The Democrat-controlled House Ways and Means Committee voted last Tuesday evening to release the returns, in a debate that lasted more than three hours behind closed doors. The final vote was 24 to 16. All Democrats voted in favor of the action while all Republicans on the panel voted against.... ...Six years' worth of Trump's most recent tax returns will be covered, as well as documents from eight of his...
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The amount of income, deductions and taxes paid by or refunded to former President Donald Trump while serving in the White House was detailed in a new report released Tuesday night. The report reveals that Trump on his federal tax returns declared negative income in 2015, 2016, 2017 and 2020, and that he paid a total of $1,500 in income taxes for the years 2016 and 2017. On their 2020 income tax returns, Trump and his wife Melania paid no federal income taxes and claimed a refund of $5.47 million, according to the report by the staff of the Joint...
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Democrats are racing to release information about former President Donald Trump's taxes before Republicans take control of Congress early next year. Politico reported Friday that the House Ways and Means Committee will meet privately Tuesday at 3 p.m. to review the tax documents and vote on whether all or a portion of Trump's tax returns will be publicly released. After a lengthy legal battle, House Ways and Means Committee Chair Richard Neal got his hands on Trump's tax returns in November.... ...They consist of Trump's personal returns and returns from eight business entities, Politico said. Democrats believe they're on solid...
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Washington — The House Ways & Means Committee now has access to several years of former President Donald Trump's tax records, days after the Supreme Court declined to block their release. The Treasury Department said in a brief statement that it has "complied with last week's court decision." ... ...The dispute between Trump and the Ways and Means Committee arose from an April 2019 request from Chairman Richard Neal to the Internal Revenue Service for Trump's individual tax records and those of eight of his business entities for 2013 to 2018.... ...After the change in presidential administrations, and with the...
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BREAKING: DC court appeals rules that the House Ways and Means Committee can obtain Trump’s tax returns from the IRS
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Neal beats back primary challenge from progressive Alex Morse in Massachusetts BY MAX GREENWOOD - 09/01/20 09:44 PM EDT 53 166 Rep. Stephen Lynch beats back progressive challenger in Massachusetts Neal beats back primary challenge from progressive Alex Morse in Massachusetts Rep. Richard Neal (D-Mass.), the chairman of the powerful House Ways and Means Committee, fended off a primary challenge from Holyoke, Mass., Mayor Alex Morse on Tuesday in a blow to progressives who had hoped to unseat the longtime incumbent. The Associated Press called the race for Neal just before 9:45 p.m. local time. The incumbent was ahead by...
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Eight months into their control of the House, Speaker Nancy Pelosi (D-Calif.) hasn't missed many opportunities to draw a stark contrast between the two parties' policies. From defending infanticide and trying to gut the Religious Freedom Restoration Act to the job-killing New Green Deal, hardly a day passes that the Left's radicalism isn't on display. But yesterday, liberals took their extremism to new heights -- demanding a tax on Bible-believing Americans. Thursday's hearing in the House Ways and Means Committee wasn't the first time liberals have tried to use the IRS to do their dirty work -- but it might...
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House Democratic leaders are expanding the roster for the chamber’s coveted tax-writing panel after outcry from lawmakers about the lack of Hispanic representation on the committee. Rep. Jimmy Gomez, a second-term Democrat from California, was tapped to join the ranks of the Ways and Means Committee on Monday night, nearly a week after leadership announced the Democratic slate for the panel. The move comes after multiple Democrats voiced alarm about the lack of Latinos on Ways and Means, one of the most sought-after committees in the House. Without the addition of Gomez, Rep. Linda Sánchez (D-Calif.) would have been the...
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Representatives of 13 progressive organizations are hand-delivering over 150,000 petition signatures Thursday to the Capitol Hill office of House Democratic Leader Nancy Pelosi (Calif.), demanding that she appoint Rep.-elect Alexandria Ocasio-Cortez (D-N.Y.) to the influential House Ways and Means Committee. The in-person action, which the groups plan to livestream, is part of an unprecedented, months-long effort by activists to secure greater representation for progressive members of Congress on the influential “money” committees: Ways and Means, Energy and Commerce, Appropriations, and Financial Services. “The grassroots progressive movement is flexing more power than ever before,” said Waleed Shahid, a spokesman for Justice...
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WASHINGTON — Rep. Alexandria Ocasio-Cortez didn’t get a seat on the powerful tax writing committee where she sought to push her progressive agenda of Medicare for All, free college tuition and a green new deal. Instead, the open downstate New York slot on the House Ways and Means Committee went to a moderate Democrat, Long Island Rep. Tom Suozzi, a former CPA, attorney and county executive. Suozzi will assume the committee seat of Rep. Joe Crowley, the Queens Democrat Ocasio-Cortez defeated last year in a stunning upset. Ocasio-Cortez sought a spot on the committee—which is usually off limits to freshman...
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Ocasio-Cortez didn’t get a seat on the powerful tax writing committee she sought to push her progressive agenda of Medicare for All, free college tuition and a green new deal. Instead, the New York slot on the House Ways and Means went to a moderate Democrat, Long Island Rep. Tom Suozzi, a former CPA, attorney and county executive. Suozzi will assume the committee seat of Rep. Joe Crowley, the Queens Democrat Ocasio-Cortez defeated last year in a stunning upset. Ocasio-Cortez sought the spot (which is usually off limits to freshman reps) with the backing of progressive groups that pushed for...
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Rep. Alexandria Ocasio-Cortez didn’t get a seat on the powerful tax writing committee where she sought to push her progressive agenda of Medicare for All, free college tuition and a green new deal. Instead, the open downstate New York slot on the House Ways and Means Committee went to a moderate Democrat, Long Island Rep. Tom Suozzi, a former CPA, attorney and county executive. Suozzi will assume the committee seat of Rep. Joe Crowley, the Queens Democrat Ocasio-Cortez defeated last year in a stunning upset.
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House Ways and Means Committee Chairman Kevin Brady (R-Texas) late Monday released a 297-page tax and IRS package that would address a host of issues some lawmakers are interested in tackling in the lame-duck session. The legislation includes provisions to renew expired tax provisions, make technical fixes to last year's tax cut law, provide incentives for retirement savings, provide tax relief for disaster victims and make improvements to the IRS. It would provide for a resolution of a number of tax issues in the final weeks of the year while Republicans still control both chambers of Congress. The House Rules...
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As soon as Paul Ryan, R-Wis., becomes Speaker of the House, the race will be on for his current post, chairman of the House Ways and Means Committee. At present, it looks like Rep. Kevin Brady, R-Texas, will square off with Rep. Pat Tiberi, R-Ohio, to replace Ryan at Ways and Means, the House’s tax-writing committee. As soon as Paul Ryan, R-Wis., becomes Speaker of the House, the race will be on for his current post, chairman of the House Ways and Means Committee. At present, it looks like Rep. Kevin Brady, R-Texas, will square off with Rep. Pat Tiberi,...
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It’s “the single most important committee in Congress,†one former Representative tells WTMJ in Milwaukee, with its fingers in practically everything the federal government does. Tax reform? Ways and Means. Health care? Social Security? Ways and Means. And now the most visionary of the Republican fiscal reformers will chair the panel as all of these issues come to a head in the final two years of the Obama administration: CLICK ABOVE LINK FOR THE VIDEO Ryan already is taking aim in all of these areas in his statement yesterday after winning the post in the House Republican leadership discussions:...
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The House Ways and Means Committee has voted to 23-14 along party lines to refer former head of tax exempt groups at the IRS Lois Lerner to the Justice Department for prosecution. Although the details about exactly what charges will be have not yet been released, lawmakers are arguing Lerner has not been truthful with Congress or the IRS inspector general and leaked confidential tax information. Last time a referral like this happened, it was to Major League Baseball player Roger Clemens, who was pursued by the Department of Justice for lying to Congress but was exonerated in court....
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(CNSNews.com) - The House Ways and Means Committee voted 23 to 14 today to refer former IRS official Lois Lerner to Attorney General Eric Holder for possible criminal prosecution. In a contentious open-to-the-public hearing that lasted only few minutes, the House Ways and Means Committee voted this morning to immediately go into a closed session to discuss a letter proposed by the committee’s majority to refer former Internal Revenue Service official Lois Lerner to the Justice Department for possible criminal prosecution. When Ranking Member Sander Levin (D.-Mich.), seeking to make a point of order, repeatedly interrupted Chairman Dave Camp’s (R.-Mich.)...
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LITTLE ROCK, Ark. (AP) — Rep. Tim Griffin, an Arkansas Republican, was named Friday to the powerful U.S. House Ways and Means Committee, a move that he says rules out a run for governor or the Senate in 2014. The panel announced that Griffin, who represents central Arkansas' 2nd District, was among four new Republican members. It is the chief tax-writing committee and members are not allowed to serve on other committees unless they receive a waiver from congressional leaders. Griffin is the first congressman from Arkansas to serve on the panel since 1992 and the first Republican from the...
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The public comment DEADLINE is September 26. There are just 2 weeks for you to tell the U.S. House committee what you think about the federal takeover of health care using health insurance exchanges. Written public testimony -- however brief -- will be accepted until Wednesday, September 26, 2012 at 5:00 p.m. EASTERN. Today, the U.S. House Ways and Means Subcommittee on Health is holding a hearing on Obamacare's government health insurance exchanges (federal takeover centers). They selected five testifiers, and only one is likely to oppose the exchanges. That's why your help is needed.
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JANESVILLE, Wis. -- In a recent Washington Post story on Ohio Sen. Rob Portman and his vice presidential aspirations, a passage about another Capitol Hill lawmaker stood out: "Rep. Paul Ryan of Wisconsin and Virginia Gov. Robert F. McDonnell [have] also emerged as fixtures in the vice presidential discussion, with Ryan especially portrayed as a kindred spirit of [Mitt] Romney’s, someone able to finish the top man’s sentences and make him laugh. Romney and Ryan had met privately last autumn to talk about economic policy and deficits, said someone close to the candidate." Maneuvering by Romney’s presidential campaign suggest that...
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