Senate HELP Leaders Draft Retirement Savings Bill

Senate Health Education Labor & Pensions Committee Chair Patty Murray (D-WA) and Ranking Member Richard Burr (R-NC) released a discussion draft yesterday of legislation to boost retirement savings. The draft would allow employers to offer pension-linked emergency savings accounts and allow retirement plans used by nonprofit organizations to participate in multiple employer and pooled employer… Read more »

Travel Industry Testifies on Bills to Aid Recovery

The U.S. Travel Association testified this week before a House Energy and Commerce subcommittee in support of two bills the travel industry believes are critical to ensuring the nation’s long-term competitiveness in the global travel market. The Visit America Act (H.R. 6965) would establish an Assistant Secretary for Travel and Tourism position at the U.S…. Read more »

Republicans Vying for Open Ways and Means Seat

Several House Republicans are in the mix for the open seat on the House Ways and Means Committee created by Rep. Tom Reed’s (R-NY) resignation earlier this week. Ways and Means, the chief tax-writing committee in the House, is a powerful and highly-coveted committee assignment. Rep. David Kustoff (R-TN) is reportedly a front runner for… Read more »

Endangered House Dems Want Leaders to Press Agenda

House Democrats running for reelection in competitive districts are urging leadership this week to push more legislation that could reverse the party’s political fortunes ahead of the midterm elections this fall. Roughly six months out from the elections, Republicans are well-positioned to take back the House this fall. Many of the 32 Frontline Democrats considered… Read more »

Schumer, Manchin Meet to Discuss New Tax Hike

Senate Majority Leader Chuck Schumer (D-NY) met this week with Sen. Joe Manchin (D-WV) to discuss a tax increase and deficit reduction bill to curb rising inflation. Manchin, who torpedoed Democrats’ Build Back Better spending package last year, is now open to raising the corporate tax rate to 25 percent and the capital gains tax… Read more »