Will the FEC Issue Ruling on Grass Roots Lobbying?

BNA Money and Politics ($$) reports that yes, the Federal Election Commission (FEC) is considering how to respond to the Supreme Court ruling in the Wisconsin Right to Life case. Commission Chairman Robert Lenhard said that he and his fellow commissioners did not have anything to say yet about the decision, but they expect to have an announcement soon.

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CPSC Budget Update

Yesterday, the House passed an appropriations bill which would fund the Consumer Product Safety Commission at a level $3.6 million above President Bush's request, according to the National Journal (subscription required). In February, Reg•Watch derided President Bush for proposing cuts in the budget of the independent agency which regulates and forces recalls of common household items such as toys, clothes and electronics. Bush's budget request would result in the lowest staffing levels in agency history.

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Private Tax Collection Program Remains

BNA ($) on how the private debt collection program wasn't killed yesterday:

The House passed the Financial Services and General Government appropriations bill (H.R. 2829) June 28 on a vote of 240-179 after House Democrats yielded to concerns about plans to shut down the Internal Revenue Service's private debt collection program.

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Proxy Wars, Pt. II: DOD Authorization Bill

Congressional Democrats, still smarting from their perceived capitulation in May to President Bush on ending the war on Iraq, are serving notice that their next stand will come during the debate next month on H.R. 1585, the half-a-trillion-dollar Defense Department FY 2008 reauthorization bill. According to Sen. Debbie Stabenow (D-MI), chair of the Democratic Steering and Outreach Committee, and Senate Majority Leader Harry Reid (D-NV) H.R. 1585 will feature "timelines, parameters, accountability, and a pathway" to remove U.S. fighting men and women from Iraq.

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Who Said This ... and Why?

OK, in a story on today in BNA about legislation to reform tax laws relating to carried interest, guess who suggested the bill has been introduced because of a recent focus on the private equity and hedge fund industries, and said tax policy should not be targeted at individual sectors... saying it does not make sense to single out one industry and was this a statement in support of a bill to end the targeted tax treatment of an individual sector so as to keep it from remaining singled out, as per current law?

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Proxy Wars, Pt. I: Nussle Nomination

Senate Budget Committee chair Kent Conrad (D-ND) issued an unorthodox statement yesterday regarding the expected nomination of Jim Nussle to succeed Rob Portman as OMB Director: Representative Nussle and I had a very frank discussion today. While I understand the President's desire to appoint an OMB Director of his choice, a number of Members have spoken with me about their very real concerns about his nomination. Members expressed serious reservations about Mr. Nussle's reputation for confrontation.

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Conferees Tied to Party Spending Issue

As already noted, Republicans will only go along with naming conferees for the ethics and lobbying bill if the Senate takes up the Senate electronic filing bill along with an unspecified amendment. According to BNA Money and Politics, ($$) that amendment likely deals with lifting controls on political party coordinated spending to help candidates.

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Funding for IRS is Important

The House will soon pass the Financial Services/General Government appropriations (HR 2829). Its total funding should comes under the Presidents request, though the President has threatened a veto anyway, conditional on including provisions regarding abortion and Cuba. The media will probably focus on the fact that the bill may defund the OVP's office- in response to the OVP's clumsy claims, which we covered in the Watcher, that it is not a part of the executive branch, and therefore is not subject to disclosure requirements that apply to that branch.

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IRS Introduces Online Tool to Help Tax-Exempt Organizations

The Internal Revenue Service (IRS) has released four new "Life Cycles," online tools to help nonprofits with tax rules and requirements. Click here for the public charity Life Cycle page.

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GOP Sen. on WH Earmarks: "Hypocrisy? No, Duplicity"

An article in The Hill this morning quotes GOP Sen. Larry Craig (ID), responding to a question about whether President Bush was being hypocritical for requesting hundreds of earmarks even while criticizing them and vowing to cut the number of earmarks in half this year: "Hypocrisy? No, but one might call that duplicity."

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