Rep. Schiff Sends Letter To IRS On Church Inquiry

Rep. Adam Schiff, (D-CA) sent a letter to Treasury Secretary John W. Snow and IRS Commissioner Mark W. Everson on the IRS inquiry into a guest pastor's sermon at All Saints Chuch in California.

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Voting Breakdown: House Budget Reconciliation Bill

The House voted 217-215 early this morning to pass the budget reconciliation bill. The vote, which was supposed to take place a week ago, was extremely close due to the contentious nature of the radical cuts within the bill. The GOP leadership was able to cut just enough backroom deals to tip the scales in their favor.

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Senate Passes Tax Relief Act with Charitable Reform Provisio

From Council on Foundations: At 12:30 a.m. this morning, the Senate passed the Tax Relief Act of 2005 by a vote of 64-33. The final bill contained a number of charitable reform provisions, including provisions affecting donor-advised funds and supporting organizations. Before final passage, Senators approved a manager’s amendment offered by Chairman Charles Grassley (R-IA) that made changes to the donor-advised fund and supporting organization provisions.

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Senate Passes Continuing Resolution

Just a short while ago, the Senate approved by voice vote this morning an extension through December 17 of the current continuing resolution (CR) funding the federal government. Sen. Mary Landrieu (D-LA) did not object to the voice vote, but went on record as voting no on the CR to highlight the plight of many still recoverying from the hurricanes on the Gulf Coast. It is still unclear what this accomplished for the people of Gulf Coast.

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More Hypocrisy (Reg-Related!) from Budget/Tax Fights

If you haven't already been reading all about it, be sure to look over the OMB Watch BudgetBlog's coverage of the late night fiscal policy fiascoes -- the disastrous spending cuts bill in the House and the atrocious tax cuts bill in the Senate. The OMB Watch budget team is already calling out hypocrisy from a fiscal policy perspective, but there are additional hypocrisies worth noting from a regulatory policy perspective:

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    Hypocracy Reigns Supreme In The House

    After Republicans repeatedly painted their efforts to cut programs for low- and middle-income Americans on the floor of the House early this morning as necessary in order to bring down huge deficits (in fact, the bill was actually named "The Deficit Reduction Act of 2005"), those very same Republicans are turning around in less than 24 hours to consider more tax cuts for rich Americans that would actually increase the very same deficits they so reviled just a few hours earlier. This action is the ultimate hypocracy.

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    Fight For America's Priorities Loses In House

    Late last night, GOP leaders in the House were able to strong-arm enough moderate Republicans to support their long-delaysed and radical spending cuts bill. The bill passed 217 - 215, with unanimous opposition from Democrats and Independents, and 14 Republicans. OMB Watch Executive Director Gary Bass released the following statement after the vote:

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    15 Democrats and 51 Republicans Cast Irresponsible Tax Vote

    Late tonight, the Senate approved a $60 billion tax cut bill, by a vote of 64 - 33. Fifteen Democrats supported the final bill after mostly Republicans majorities defeated 17 different amendments.

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    Frist and Kyl's Not-So-Secret Secret Deal

    Last week, the Senate Finance Committee could not pass a $60 billion tax cut bill primarily benefiting the wealthy because of opposition from Sen. Olympia Snowe (R-ME) and all Democrats on the committee. On the surface, Committee Chairman Charles Grassley (R-IA) removed the most offense section of the bill, an extension of capital gains and dividend cuts, which nobody denies primarily benefits the wealthy.

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    Burning the Midnight Oil on Capitol Hill

    Both the House and the Senate are working late tonight, trying to pass budget and tax cut bills that have faced considerable obstacles over the last two weeks. The Senate is currently voting on a long series of amendments to their version of the tax cut reconciliation bill approved by the Finance Committee yesterday. The House has just moved to consideration of their version of the spending cuts reconciliation bill. Both chambers are likely to be in session past midnight tonight before final votes on each bill.

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