Senate Likely to Take Up Tax Extenders Later This Year

Senate Finance Committee Chairman Charles Grassley (R-IA) released reports this week from three of the six task forces he charged with examining tax extenders. Grassley had initially said the task forces would report their findings by the end of June. Grassley and Wyden are hoping for solutions on which of the tax breaks should be… Read more »

Senate Advances 2-Year Budget Deal

The Senate approved a two-year budget deal this afternoon, lifting the debt ceiling for two years and reducing the risk of another government shutdown. The bill already passed the House last week, so today’s 67-28 vote in the Senate will send the measure to President Trump, who is expected to sign it despite complaints from… Read more »

PCC Supports Federal Credentialing Bill

On July 31, The Professional Certification Coalition (PCC) sent a letter to Senate Finance Committee Chairman Chuck Grassley (R-IA) and Ranking Member Ron Wyden (D-OR) to announce the PCC’s support for S. 379, federal legislation to allow beneficiaries to use 529 plan funds to cover expenses associated with obtaining a post-secondary credential. By enabling individuals… Read more »

Senate Won’t Act on Cadillac Tax Before Recess

The Senate has started the process for bringing directly to the floor the House bill to repeal Obamacare’s “Cadillac tax” but the vote won’t happen until after the August recess, according to POLITICO sources. The House last week easily passed legislation to repeal the tax on high-cost employer-provided health insurance that was supposed to help… Read more »

Trump Signals Support for Budget Deal

President Trump signaled earlier in the week that he will support a two-year bipartisan budget deal that raises spending limits by $320 billion and suspends the debt ceiling until after the 2020 elections. The deal was reached as the House prepares to leave Washington for the August recess, giving Speaker Nancy Pelosi (D-CA) only this… Read more »