Arizona Sen. Martha McSally is the lead sponsor of a bill that would address an unintentional mistake in the 2017 Republican tax code overhaul over deducting net operating losses. (Bill Clark/CQ Roll Call file photo)
A one-word drafting error in the 2017 tax code overhaul has sent companies ranging from specialty retailer PetSmart Inc. to Nissan Motor Co. scrambling to Capitol Hill for relief.
As part of the effort to offset a dramatic reduction in the corporate tax rate in the 2017 law, Republicans limited the ability of firms to claim tax breaks on net operating losses, or when deductions exceed income.
Minnesota Rep. Angie Craig is among the Democrats whose reelection chances have improved, according to the latest ratings by Inside Elections. (Bill Clark/CQ Roll Call file photo)
Most Republicans believe their party has weathered the 2018 storm and brighter days are ahead in 2020. But that perspective doesn’t mean the GOP’s chances of retaking the House are particularly good.
Even if the national political environment isn’t as bad for the GOP as the midterms when they suffered a net loss of 40 House seats, there’s little evidence that President Donald Trump will dramatically improve his 2016 performance in key competitive districts next year.
Rep. Donald S. Beyer Jr., D-Va., says Democrats “have to have a SALT vote.” (Tom Williams/CQ Roll Call file photo)
It’s been almost a year since Democrats assumed control of the House, and they still haven’t touched the cap on state and local tax deductions imposed by the GOP Congress and President Donald Trump that disproportionately affect blue state districts.
That’s starting to become a problem for the dozen or so freshman Democrats who flipped GOP seats after campaigning in part on getting rid of that $10,000 “SALT” limit, which was included as an offset for the 2017 tax code overhaul.
The House Ethics Committee has released more information about its investigation of Arizona Rep. David Schweikert. (Tom Williams/CQ Roll Call file photo)
The House Ethics Committee has released information on an expanded list of allegations against Rep. David Schweikert. The Arizona Republican is under investigation by the panel, which made public a second referral from the Office of Congressional Ethics.
Under House Ethics rules, the committee is required to release OCE referrals one year after they are sent to the House.
Minnesota Rep. Jim Hagedorn is among 11 House Republican targets of new digital ads by the DCCC. (Tom Williams/CQ Roll Call file photo)
In a sign that Democrats are broadening their 2020 messaging, the Democratic Congressional Campaign Committee on Thursday is rolling out digital ads attacking House Republicans over President Donald Trump’s trade policies.
The ads, obtained first by CQ Roll Call, are timed to back-to-school shopping. The animated ads running on Facebook highlight products whose rising costs could affect consumers in 11 districts across the country, all but one of which Trump carried in 2016.
House Financial Services Chairwoman Maxine Waters has criticized Facebook’s new cryptocurrency offering, Libra, calling it an “unchecked expansion” into the lives of the company’s users. (Tom Williams/CQ Roll Call)
Members of Congress who support the development of new financial technologies say their job might have gotten tougher after Facebook announced its plan to issue a cryptocurrency.
Lawmakers used hearings in both chambers this month to roundly censure Facebook’s proposed Libra, which the social media company says could provide financial services to people who can’t rely on banks.
Rep. David Schweikert, R-Ariz., conducts a House Small Business Subcommittee on Investigations, Oversight and Regulations hearing in Rayburn. Tom Williams/CQ Roll Call
End Citizens United has named Senate Majority Leader Mitch McConnell, left, and Iowa Sen. Joni Ernst, right, as two of initial targets for 2020. (Tom Williams/CQ Roll Call file photo)
End Citizens United, a liberal PAC that was a major player in last year’s midterms, announced Wednesday its top targets for 2020.
The initial list of targets, dubbed the “Big Money 20” and obtained first by CQ Roll Call, includes 12 Republican incumbents — five senators and seven House members.
Rep. Susie Lee won Nevada’s 3rd District last fall after losing the Democratic primary in the 4th District two years earlier. (Tom Williams/CQ Roll Call file photo)
A handful of House candidates this cycle aren’t letting previous losses — or geography — get in the way of another congressional run. Dozens of members of Congress lost races before eventually winning, but some politicians are aiming their aspirations at different districts, and in some cases different states, to get to Capitol Hill.
In Arizona, Democrat Hiral Tipirneni lost two races to Republican Debbie Lesko in the 8th District last year, including a special election. This cycle, she is seeking the Democratic nomination in the neighboring 6th District to take on Republican incumbent David Schweikert.
Rep. David Schweikert, R-Ariz., said the ethics investigation into him and his chief of staff was prompted by a disgruntled former employee. (Tom Williams/CQ Roll Call file photo)
Rep. David Schweikert’s former chief of staff used official funds on a six-day trip to Arizona in which he attended Super Bowl XLIX; separately, he made impermissible contributions to his boss and received income beyond the House’s outside earned income limit for his position, according to a report made public Wednesday by the Office of Congressional Ethics.
Many of the allegations into the former chief of staff, Richard Oliver Schwab, Jr., relate to Schweikert, who is under the scrutiny of a House Ethics Committee investigative subcommittee.
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