Now legal for recreational use in 10 states and Washington, D.C., more Americans are smoking pot than ever, even though it is still a federally outlawed drug. The federal ban is creating banking and tax challenges for pot companies that operate in accordance with their states’ laws. An average of about 600,000 people were arrested each year for possession from 2013 through 2017. Support for legalization reached a peak in […]
Congress has left Washington for a two-week break, but lawmakers look to lay the groundwork for a busy spring agenda when they return. Senate Majority Leader Mitch McConnell (R-KY) said he hopes to reach what so far have been elusive bipartisan breakthroughs on immigration, infrastructure, and budget caps. McConnell said that talks have begun among his staff, Speaker Nancy Pelosi’s (D-CA) staff, and the White House on a two-year deal […]
Democratic legislators in the House will be working on priorities for internet regulation and fiscal 2020 spending next week, while the Senate returns to confirm more of President Donald Trump’s nominees under an expedited process after Senate Republicans jettisoned the Senate’s deliberative process for executive nominees this week. The House could also take up legislation also supported by Senate tax writers to overhaul the IRS as tax day approaches April […]
The Medicare for All Act of 2019 introduced by Rep. Pramila Jayapal (D-WA) and 106 House Democrats would create a universal, single-payer health program. The bill (H.R. 1384) would provide comprehensive health-care benefits at no cost to patients, replacing health insurance. However, the measure does not include provisions to pay for the program, though Rep. Jayapal said she is considering several options including increasing corporate taxes, increasing income taxes on […]