Republicans will suffer in this year’s elections if the U.S. House doesn’t pass a comprehensive immigration plan because voters may doubt they’ll ever do it, said Democratic Representative Joe Crowley of New York.
U.S. taxpayers would need to pay an average of $1,259 more a year to make up the federal and state taxes lost to corporations and individuals sheltering money in overseas tax havens, according to a report.
Senators in both parties said they are close to an agreement to authorize U.S. highway and mass transit projects for as many as six years, seeking to prevent funds from running out during the mid-year construction season.
The top lawmakers on the House Ways and Means Committee disagreed over whether extending tax breaks for research and international finance operations should be offset to prevent the U.S. budget deficit from growing.
Former Internal Revenue Service official Lois Lerner engaged in an “aggressive and improper pursuit” of Crossroads Grassroots Policy Strategies, a nonprofit political group advised by Republican Karl Rove, according to the House Ways and Means Committee.
A U.S. House committee voted to hold former Internal Revenue Service official Lois Lerner in contempt of Congress for refusing to testify about her role in scrutinizing Tea Party groups seeking tax exemptions.
The House Ways and Means Committee plans to send a letter to Attorney General Eric Holder saying former IRS executive Lois Lerner should be prosecuted for violating taxpayers’ rights, misleading investigators and disclosing taxpayers’ private information, a House aide said.