Roll Call
CQ Roll Call May 24, 2013

Taxes & Trade Archive

Obama Asks Governors for Sequester Help

President Barack Obama on Monday called on the nation’s governors to lobby their respective congressional delegations to prevent the looming sequestration cuts set to kick in Friday.

White House Is Taking the Fight to Avoid Sequester Beyond the Beltway

The White House is aiming its latest warnings about the dire consequences of deep across-the-board spending cuts at an audience beyond the Beltway, issuing a new report Sunday that breaks down the effects on every state.

CRS Helps Staffers Navigate Guns, Immigration and Taxes

In an effort to better educate Capitol Hill staffers on the pressing legislative issues in the new Congress, the Congressional Research Service hosted a two-day seminar during recess week featuring the think tank’s top experts in policy areas such as immigration, gun control and tax policy.

Republicans Find a Tax Hike They Actually Like

Pressed by President Barack Obama to support more revenue increases, congressional Republicans may relent on the carried interest loophole that tends to benefit wealthy Wall Street investors.

Reid Releases $110 Billion Plan to Replace Sequester With Revenue, Spending Cuts

Senate Majority Leader Harry Reid of Nevada laid out a $110 billion plan on Thursday to replace the sequester with higher taxes on the wealthy, tax revenue from oil derived from tar sands and spending reductions in agriculture subsidies and defense.

Lawmakers Say Sequester Replacement Plan Slipping to Late March

Even as they blame one another for automatic spending cuts set to take effect March 1, key lawmakers on both sides believe the best chance for a bipartisan deal to restructure the sequester will come by the end of March.

Galvin: How Congress Can Cure the Ailing Economy

The president’s State of the Union address this week focused on job growth, and that must be a top priority for the White House and, in particular, Congress, which has constitutional authority over taxation — a key component of job growth and fixing the ailing economy.

Reid Decries House Inaction on Sequester; Both Sides Look Past March 1

Senate Majority Leader Harry Reid criticized the House on Tuesday for not moving a sequester replacement plan as the onset of the $85 billion in automatic spending cuts nears and lawmakers say the likelihood of congressional action before the March 1 deadline diminishes.

Parties Solidify Positions in Sequester Stalemate

With 19 days to go, the sequester standoff hardened Sunday. Congressional leaders from both parties said the deep automatic spending cuts must be prevented from taking effect, but Republicans drew a line in the sand against making tax increases part of any stopgap alternative, and Democrats did the same in vowing to protect entitlements and social programs.

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Blue Dogs Want to Get Back Into the Hunt

Blue Dog Democrats are hunting for the middle ground in the partisan fight over spending and taxes, and they are looking at centrist Republicans as potential allies. Cooper said Blue Dogs will meet with members of the GOP’s The Tuesday Group. Tom Williams/CQ Roll Call File Photo

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The Budget War Is Back

The nation’s brief respite from the serial budget battles that have consumed Washington, D.C., is officially over, with President Barack Obama’s Tuesday demand for new tax revenue in a short-term deal to avoid automatic spending cuts at the beginning of March.

Group Urges States to Take Lead in Offshore Tax Crackdown

A consumer advocacy group is urging states to get ahead of Congress in cracking down on offshore tax avoidance that costs states an estimated $40 billion in annual revenue.

GOP Is Holding the Economy Back, White House Says

White House Press Secretary Jay Carney said the economy is poised for growth and more jobs, if the GOP doesn’t muck it up.

D.C. Residents Get an Anti-Tax Ally in Norquist

Americans for Tax Reform President Grover Norquist said Tuesday that there’s a simple way to solve the D.C. statehood conflict that’s been roiling in the city for decades: Unless D.C.’s land is retro-ceded to Virginia or Maryland, District residents should not be required to pay federal taxes.

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Ryan Defends GOP Views on Spending Cuts

In his first sit-down interview since the Republican ticket lost to President Barack Obama, 2012 vice presidential nominee Rep. Paul D. Ryan defended his party’s positions on trimming spending for myriad entitlement and safety net programs — steps that critics have called draconian but which he says are necessary.

Tax-Writing Subcommittee Chairs Remain Empty at Senate Finance

Finance Chairman Max Baucus says he’s looking for help from Majority Leader Harry Reid to assign a pair of plum subcommittee chairmanships that have remained vacant as other panel assignments have been snapped up.

Fiscal Battles Portend Good Year Ahead for K Street

When the congressional agenda includes cuts to entitlements and defense programs, a fight over the debt ceiling and potential tax changes that could affect virtually every sector of the economy, you can bet on one thing: Lobbyists will be very busy this year.

Washington's Tax Compromise May Raise Reconciliation Possibility

Of all the consequences of the compromise tax package that made it into law, one that’s been overlooked is that it may be easier for Democrats to raise taxes in the future, if they can win a majority in the House while maintaining control of the Senate and the White House.

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Fiscal Cliff Resolution Leaves Some Republicans Miffed at CEOs

The Fix the Debt campaign announced Thursday that 40 more corporate CEOs and business leaders had joined its cause. To some congressional denizens, that could translate into 40 more people with whom they are miffed.

Chamber Urges More Robust Energy, Trade and Regulatory Policies

The nation’s economy will rebound faster if Congress and the Obama administration avoid future fiscal crises and work instead to advance more robust energy, trade and regulatory policies, U.S. Chamber of Commerce President Thomas Donohue said Thursday.

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