Tag Archive: Joint Committee on Taxation

CBO Scores Alexander-Murray Bill

November 1, 2017 9:55 am Published by

The CBO recently released their cost estimate for the Alexander-Murray health care bill, projecting it would reduce the deficit by $3.8 billion by 2027, but would not significantly change the number of insured.

CBO Scores Health Care Bill

March 15, 2017 11:44 am Published by

The CBO has released numbers for the Republican health care bill showing a reduction to the federal deficit of $337 billion and an increase of 24 million uninsured over ten years.

Slow Process on Moving Tax Extenders

June 4, 2014 6:11 am Published by

Negotiations behind the scenes continue as leaders in both the Senate and House work on a number of bills to address--to varying degrees--the tax extenders, including several business provisions such as Section 179 expensing and the research tax credit. On May 13, the Senate attempted to consider the extenders package, however, the measure was stalled because Senate Majority Leader Harry Reid (D-Nev.) and Republicans were locked in a dispute over whether they would be able to offer amendments to the legislation. Since Reid invoked a procedural move restricting senators from offering amendments on the floor, the minority in turn blocked the procedural motion by a vote of 53-40 that would have allowed the bill to move forward—60 votes were required for passage. Meanwhile, on the House side, the Ways and Means Committee approved six additional bills to make several temporary tax credits permanent on May 29. The committee has now advanced 12 bills making tax extenders permanent, in contrast to the single package put forward by the Senate.

Senate Finance Cmte. Introduces Tax Extenders Bill

April 2, 2014 11:59 am Published by

The Senate Finance Committee on April 3 will markup legislation, released earlier this week by Chair Ron Wyden (D-Ore.), that would extend a set of expired and soon-to-expire tax breaks commonly known as “tax extenders.”