In a Coma, or in Committee? Yet another in a series of repeated instances of misreporting about the carried interest issue appears in an article by Nicholas Rummell in today's Financial Week: Among the erroneous or misleading assertions in the article:

• "Last week, House Ways and Means Committee chairman Charles Rangel (D-N.Y.) drove another nail into the coffin of the carried interest bill, saying the overall [AMT] reform he had been planning—an effort to which the carried interest bill was to be attached—would be postponed until 2008." FACT: Rangel has said he will introduce not just the overall reform bill but another, smaller one to patch the AMT in the coming days — about which he has said: "We'll pay for it with great difficulty... It's going to be politically painful," implying that the carried interest bill, the only offset on the table which could pay for most if not all of the patch, was on the table. See here. FACT: Incredibly, this very reporter wrote ten days earlier that "Mr. Rangel has said that linking AMT to carried interest may create a "veto proof" bill." See here.
• "Senate Majority Leader Harry Reid (D-Nev.) has also said recently that he would not schedule the carried interest legislation for a floor vote until next session at the earliest." FACT: "The reality is that whether the Senate addresses the carried interest issue is largely up to the Senate Finance Committee, not Senator Reid." See here
• "While the carried interest bill is not exactly dead, it certainly seems to be in a coma." FACT: In a coma, or in committee? The article contradicts itself here, stating elsewhere: "a spokeswoman for Rep. Sander Levin (D-Mich.), who sponsored the carried interest bill, said the PE tax legislation is 'still very much in the mix' and that it would likely be attached to the one-year AMT patch legislation, a smaller bill. 'That bill still needs to be paid for,' she said, adding that that means carried interest may still be in play."