Financial Reform Commission Hints Tax Breaks in Play

WASHINGTON - APRIL 27: U.S. President Barack Obama (C) speaks as co-chairs of the National Commission on Fiscal Responsibility and Reform Erskine Bowles (L) and Alan Simpson (R) listen in the Rose Garden of the White House April 27, 2010 in Washington, DC. Obama thanked members of the National Commission on Fiscal Responsibility and Reform for their service and spoke on the

An article in the Wall Street Journal today says that members of the president’s deficit commission could consider eliminating some popular tax credits in their final commission report. The panel, known as the National Commission on Fiscal Responsibility and Reform, must present recommendations to Congress by December 1 that would balance the budget, excluding interest… Read more »

Most Major Issues Ducked by Finance Committee

The Senate Finance Committee yesterday continued to debate the list of amendments to its comprehensive health care reform legislation, but conspicuously absent from the discussion were any amendments tied to the major issues being discussed by members of Congress and the media, according to Politico.  At the beginning of yesterday’s hearing, the first amendment discussed… Read more »