Democrats in the House of Representatives say they will seek a discharge petition to restore expired tax credits for people on the Affordable Care Act’s (ACA) insurance exchanges after the measure was excluded from the bill to fund the federal government that passed earlier this week. President Donald Trump signed the continuing resolution bill into law on Wednesday evening…
Source
Amid a lobbying blitz and a flood of campaign cash, senators inserted language into this week’s emergency spending bill that eliminates rules designed to prevent food contamination and foodborne illnesses at farms and restaurants, according to legislative text reviewed by The Lever. The bill would also limit the development of rules to regulate ultra-processed foods, despite such foods being…
Source
It’s day 42 of the U.S. government shutdown, but an end is finally in sight. On Sunday night, the Senate voted to move forward with funding for the federal government through January 30. That vote, in which eight Democrats joined the vast majority of Senate Republicans, is expected to be followed by approval from the Republican majority in the House of Representatives and President Donald Trump.
Source
We speak to The American Prospect’s David Dayen about what could be the end to the longest government shutdown in U.S. history, after seven Democratic Senators and one independent struck a deal with Republicans to pass a short-term government funding bill. “Why would you end this?” asks Dayen, echoing many in the Democratic coalition who believe the deal was a poor strategic move for the anti…
Source
The Trump administration is quietly waging an all-out regulatory war on a Biden-era corporate tax that aimed to prevent large companies from dodging their tax liabilities while reporting huge profits. The corporate alternative minimum tax (CAMT) was enacted as part of the Inflation Reduction Act, Democratic legislation that former President Joe Biden signed into law in 2022.
Source
The U.S. Supreme Court late Friday temporarily blocked a lower court order that required the Trump administration to fully fund Supplemental Nutrition Assistance Program benefits as the government shutdown drags on with no end in sight. One wrinkle in the case is that the Supreme Court order, which came after the Trump administration appealed the lower court directive, was handed down by…
Source