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On January 13, 2023, the IRS issued Chief Counsel Memorandum 202302012 (the “CCM”) establishing new rules for donations of cryptocurrency. In the CCM, the IRS concluded that taxpayers...
U.S. Lawmakers should focus on boosting the productive capacity of the economy by reforming the tax code to prioritize economic growth and opportunity.
Baker Donelson's Public Policy Group and the Daschle Group are pleased to provide our seventh update on developments regarding infrastructure and appropriations legislation. This is a...
adjusted and trimmed? does it have to be the size that the president initially proposed? the other thing about this plan that i think ought to deserve some commentary is, it's paid for. that's something new around in washington. the very fact we're debating how to pay for it rather than putting it on the credit card is progress. there's going to be debate about some of those provisions, particularly revenue provisions, but i think that's a worthwhile discussion. but it'll be a good, solid discussion. joe manchin doesn't get pushed around, he's going to do what he thinks is right. i think in the end we're going to come to some agreement that will work for the american people. >> senator angus king. thank you. >> be, great to have you on. >> a pleasure. coming up covid cases among children are surging across the country. the president of the largest
president's tone and said today and talking to all of you on capitol hill. >> the fiscal cliff is the response to congress's inaction. that's the fact. the reason we're here is because we were unable to complete the business at hand. we postponed everything until the end of the year. the reason the tax cuts expire and the revenue provisions a part of that but also the spending cut that is are across the board in a haphazard way, that's congress's fault and where we are. i think the president's accurate in the way he described it. whether he should have articulated it, i leave that up to him but certainly the president has negotiated a deal that i believe will get the support of the majority of the house and the senate and i think we are going to get this done. >> how do you see this plays out as the clock ticks? is there enough time to get it done if it comes over to the house and if there's a delay or any kind of a hold-up or an objection, that's going to take us passed midnight. >> up to speaker boehner. assuming the senate is able to