The House of Representatives on Wednesday passed a bill to raise the nation’s borrowing limit and end the threat of economic disaster – which the House’s Republican majority used to extract concessions from Democrats to limit federal spending – despite Northwest lawmakers from both parties opposing the compromise.
The legislation, which passed by a vote of 314-117, raises the… Read more »
A bill to raise the debt ceiling and avoid the first-ever United States default passed the House on Wednesday.
The deal would suspend the debt limit until 2025, cap some federal spending, take back some money from the IRS, tighten eligibility for food stamp programs, and loosen some environmental rules.
It now heads to the Senate where leaders hope to move quickly despite a group of… Read more »
House Republicans are preparing a package of tax cuts they could take up soon after Congress gets finished with its debt ceiling crisis.
Taking up the tax legislation would represent a reversal of Republicans’ recent focus on reducing the federal budget deficit since more tax cuts would further deplete government revenue.
“Obviously, we got to get through the… Read more »
Representatives Suzan DelBene (WA-01), Adrian Smith (NE-03), Judy Chu (CA-28), Nicole Malliotakis (NY-11) introduced a bipartisan resolution calling for legislation to avoid double taxation between the U.S. and Taiwan. While the United States and Taiwan cannot enter a formal treaty addressing the tax treatment of international investment, similar tax treatment can be achieved through… Read more »
Bipartisan Senate, House group brings back bill with tweaks
Housing tax policy identified as area for bipartisan action
A bipartisan group of House and Senate lawmakers are reviving a push to expand the Low-Income Housing Tax Credit program, with tweaks to account for properties receiving Inflation Reduction Act benefits and to improve data sharing among… Read more »
WATCH: DelBene decries Republican ruse on House floor
Today, Congresswoman Suzan DelBene (WA-01) released the following statement after voting against House Republicans’ Default on America Act.
“Instead of taking any meaningful steps forward, House Republicans’ MAGA wish list only brings us closer to a first-in-history federal… Read more »
Today, Ways & Means Oversight Subcommittee Members Suzan DelBene (WA-01), Ranking Member Bill Pascrell (NJ-09), Judy Chu (CA-28), Gwen Moore (WI-04), and Brad Schneider (IL-10) urged new Internal Revenue Service (IRS) Commissioner Danny Werfel to prioritize tax fairness and do more to pursue tax cheating by wealthy Americans. The members asked for Werfel’s plan and timeline for action… Read more »
Today, Congresswoman Suzan DelBene issued the following statement on President Biden’s State of the Union address.
“Tonight, President Biden highlighted the historic progress that he and Congressional Democrats have made over the past two years - creating millions of good-paying jobs, lowering costs for working families, and starting to rebuild our nation’s infrastructure. He also… Read more »
Today, Representatives Suzan DelBene (WA-01) and Darin LaHood (IL-16) introduced the Small Business Tax Fairness and Compliance Simplification Act (H.R. 45), bipartisan legislation that would bring tax relief to beauty salon owners and workers by extending the Federal Insurance Contribution Act (FICA) tax tip credit to the beauty service industry. The tip credit helps ensure accurate… Read more »
Today, Congresswoman Suzan DelBene (WA-01), a member of the Ways and Means Committee, released the following statement on Republican legislation that would gut funding from the IRS designed to improve taxpayer services and increase enforcement.
“Only this extreme Republican majority would use its first bill of the 118th Congress to embolden tax cheats and cut services for working… Read more »
