(Niels Lesniewski, Roll Call) – The Senate will accept a House bill to provide a three-month extension of highway programs, as well as preventing a veterans funding shortfall. Senate Majority Leader Mitch McConnell, R-Ky., said Tuesday the Senate will take up the highway extension from the House that will run to Oct. 29. He also said the...
(Jim Clark) – Columnist Jeff Quinn, CPA, did a good job of summarizing the tax effects of Congress’ American Taxpayer Relief Act of 2012 in the last issue of the Bonanza (“some good, some bad”). Jeff closes his column by pointing out with annoyance that politicians knew of the deadline for 17...
(Citizen Outreach) – The meltdown of our economy has, supposedly, been “averted” but now Congress must agree on cuts unless we face another debt limit increase fiasco. This important task will be in the hands of 12 members of Congress, six Republican and six Democrats. Senate Republican Leader Mitch McConnell is responsible...
(Americans for Tax Reform) – Today , Americans for Tax Reform President Grover Norquist did not endorse any particular debt limit contingency plan, as has been alleged. He did endorse the objective of Leader McConnell’s effort to force the President to put his spending plan in writing. Earlier, Senator McConnell announced...
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