Monthly Archives: July 2010

Senate Majority Leader Harry Reid (D-NV) kept his promise to bring the DISCLOSE Act to a vote before the August recess, but he came up three votes shy of the 60 he need to cut off debate July 27 and move the bill to a floor vote. Continue reading →

President Obama’s fiscal commission met again July 28 and looked for common ground on two areas – tax breaks and Social Security – that most budget experts feel are key to improving the nation’s long-term fiscal outlook. Continue reading →

Sen. Mike Johanns (R-NE) has introduced a bill that would repeal a costly tax reporting provision in the new health care bill requiring all businesses and tax-exempt organizations to issue a Form 1099 to vendors from whom they buy goods totaling $600 or more annually. Continue reading →

The IRS has instituted a one-time relief program for small nonprofit organizations at risk of losing their tax-exempt status because they failed to file an annual return for the last three years. Continue reading →

Rep. Mary Jo Kilroy (D-OH) introduced a bill last week that would impose an annual $50 fee on federal lobbyists to fund the congressional offices charged with processing and reviewing lobbying registration and disclosure reports. Continue reading →

House leaders and reform groups are urging Senate Democrats to put the DISCLOSE Act to a vote this month, but there do not appear to be 60 votes in favor of the bill at this time. Continue reading →

Senate Judiciary Committee members this week asked the board of the Boys & Girls Clubs of America to explain the organization’s $54 million in offshore investments and $53 million in private equity funds at a time when local clubs across the country are closing due to lack of funding. Continue reading →

Senate Judiciary Committee members this week asked the board of the Boys & Girls Clubs of America to explain the organization’s $54 million in offshore investments and $53 million in private equity funds at a time when local clubs across the country are closing due to lack of funding. Continue reading →

President Obama’s fiscal commission is under attack from a wide range of special interest groups on both sides of the political spectrum, even as outside experts and commission members themselves question whether it can successfully produce a set of recommendations to reverse the nation’s rapidly escalating debt. Continue reading →

House Democrats have indicated they plan to pursue an aggressive jobs agenda this summer with a focus on manufacturing, though the prospects for additional economic and employment stimulus in the Senate are decidedly less optimistic. Continue reading →