budget-tax-news
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Maryland House Considers Term Limits Amendment Resolution
Opinion -budget-tax-news -The Maryland House of Delegates is considering a resolution calling on Congress to organize a national convention for drafting an amendment to the U.S. Constitution limiting terms in office. -
New York Legislature Considers ‘Tide Pod’ Packaging Bill
Opinion -budget-tax-news -The New York state legislature is considering a bill that would regulate how laundry detergent is packaged and sold in the state. -
Report: Illinois Pension Promises Exploded Over Thirty-Year Period
Opinion -budget-tax-news -The rate of increase in pension benefits promised to Illinois government employees has vastly exceeded the growth rate of Illinois residents’ incomes over the past three decades, a new study reports. -
Supreme Court Revisits Online Sales Tax Decision
Opinion -budget-tax-news -Whether states can require out-of-state businesses to collect and remit sales taxes to the government on purchases made by in-state consumers will be determined by the U.S. Supreme Court in its current session. -
Kentucky Tax Credits Spark Battery Company’s Relocation
Opinion -budget-tax-news -The state of Kentucky is offering EnerBlu, a battery manufacturing company, up to $30 million in tax incentives if the company relocates its operations to the state. -
Alabama Senate Committee Approves Asset Forfeiture Reform Bill
Opinion -budget-tax-news -The Alabama state Senate Judiciary Committee approved a bill to restrict the ability of local and state police to take ownership of citizens’ property without a criminal conviction. -
Iowa House Committee Considers Allowing Raw Milk Sales
Opinion -budget-tax-news -The Iowa House of Representatives Committee on Local Government is considering a bill that would allow people to purchase unpasteurized milk, commonly referred to as raw milk. -
Pension Reform Offered in Kentucky State Senate
Opinion -budget-tax-news -The Kentucky state Senate State and Local Government Committee is considering a bill to enroll new government employees in a hybrid “cash balance” pension program in which employee retirement benefits are accrued in individual retirement accounts. -
White House Regulatory Reforms Shrink Federal Rulebook
Opinion -budget-tax-news -Regulatory reform efforts by President Donald Trump’s administration are slowing the pace of new rulemaking and rolling back unnecessary regulations imposed by previous presidents. -
Federal Funding Deal Increases Spending, Waives Debt Ceiling
Opinion -budget-tax-news -President Donald Trump approved a congressional continuing resolution authorizing more federal spending and temporarily waiving the debt ceiling. -
Alabama Legislature Approves Term-Limits Amendment Resolution
Opinion -budget-tax-news -The Alabama Legislature approved a resolution calling on Congress to organize a national convention for drafting an amendment to the U.S. Constitution limiting terms in office. -
IMF: U.S. Tax Reform Will Boost Global Economy
Opinion -budget-tax-news -The International Monetary Fund (IMF), a nongovernmental organization providing policy advice to member nations, predicts the Tax Cuts and Jobs Act will boost overall global economic prosperity over the next two years. -
Entitlement Reform Unlikely in 2018, Ryan Says
Opinion -budget-tax-news -Congress will probably not enact entitlement reforms in 2018, Speaker of the House Paul Ryan (R-WI) says. -
Bill Would Prevent Future FCC Net Neutrality Intervention
Opinion -budget-tax-news -In the wake of the Federal Communications Commission (FCC) vote to undo a 2015 decision by former FCC Chairman Tom Wheeler classifying the internet as a public utility, U.S. Rep. Marsha Blackburn (R-TN) is sponsoring a bill. -
CMS Issues Work Requirement Waiver Guidelines
Opinion -budget-tax-news, health-care-news -The Centers for Medicare and Medicaid Services (CMS) issued new benchmarks for states seeking permission for Medicaid work requirements. -
End Stadium Subsidies, Virginia Delegate Proposes
Opinion -budget-tax-news -The Virginia House of Delegates’ Appropriations Committee is considering a bill to ban government financing for professional sports stadiums. -
CBO: Treasury May Hit Debt Ceiling in March
Opinion -budget-tax-news -A report by the Congressional Budget Office (CBO) warns the federal government may hit the debt ceiling earlier than previously projected. -
FDA Approves First Biosimilar for Breast Cancer
Opinion -budget-tax-news, health-care-news -After eleven months of testing, the U.S. Food and Drug Administration (FDA) approved Ogiviri, the first “biosimilar” drug for patients suffering from breast or metastatic stomach cancer. -
Pennsylvania Legislator Proposes Income Tax Relief
Opinion -budget-tax-news -Pennsylvania state Rep. Jason Ortitay (R-South Fayette) introduced a bill to reduce the state’s personal income tax by 0.25 percentage points, from 3.07 percent to 2.82 percent. -
Indiana Legislator Proposes Repealing ‘Smokers’ Bill of Rights’
Opinion -budget-tax-news -A bill pending in the Indiana state Senate Committee on Pensions and Labor would allow private employers to terminate employees for using cigarettes and tobacco products during their free time. -
West Virginia Delegate Bets on Online Gambling Bill
Opinion -budget-tax-news -As new Pennsylvania legislation allowing online gambling takes effect, West Virginia state Del. Shawn Fluharty (D-Ohio County) is introducing House Bill 3067 (H.B. 3067), legislation to allow casinos to offer online poker games. -
Congressional Committee Hears Earmark Ban Testimony
Opinion -budget-tax-news -Ahead of a U.S. House Committee on Rules hearing on whether to retain the ban on earmarks, President Donald Trump suggested Congress might increase bipartisan comity by “thinking about going back to a form of earmarks.” -
Worker-Freedom Bill Offered in New Jersey
Opinion -budget-tax-news -New Jersey state Assembly members Robert Auth (R-Bergen) and Amy Handlin (R-Monmouth) introduced a bill to allow workers to opt out of union membership. -
Supreme Court Hears Case on Forced Union Dues
Opinion -budget-tax-news -The U.S. Supreme Court will hear a case to determine whether governments can deduct union fees from public sector employees’ paychecks without their permission.
