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Associations Back Senate Bill to Replace Fannie, Freddie

Associations Now

Members of the Senate Banking, Housing, and Urban Affairs Committee have introduced legislation that would shut down Fannie Mae and Freddie Mac over time and replace them with a privately capitalized home financing system geared toward protecting taxpayers from future economic crises. A number of finance associations support it.

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Fate of Tax Extenders Still Uncertain

Associations Now

Earlier this month the Senate Finance Committee easily passed a tax extenders package out of committee, and Senate Majority Leader Harry Reid (D-NV) has promised to bring the package to a vote when the Senate returns later this month. The legislation did not include any offsets to fund the extenders.

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Tax Reform Could Factor Into Budget Deal, GOP Leaders Say

Associations Now

House Ways and Means Committee Chairman Dave Camp (R-MI) told reporters last week that he still hopes to tie an overhaul of the tax code to whatever deal emerges to end the budget stalemate and raise the debt limit. “It It is possible for us to make sure that we are not increasing the income tax rate,” Obama said. “I

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Camp Renews Push for Tax Reform As Congress Turns to Long-Term Fiscal Challenges

Associations Now

House Ways and Means Committee Chairman Dave Camp (R-MI), the leading voice for tax reform in that chamber, is aiming to refocus lawmakers on that effort now that the 16-day government shutdown is over. With the government back in business but major fiscal issues looming on Congress’ agenda, Rep.

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Online Sales Tax: Senate Nears Vote On Bipartisan Bill

Associations Now

Amazon''s Change of Heart The online retailer Amazon famously built its business model on the back of the loophole that the Marketplace Fairness Act is trying to close, but the company is actually supporting the bill, going so far as to thank senators for proposing it. The committee is led by Sen. Why the change?

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