NEW YORK, Oct. 5 /PRNewswire-USNewswire/ -- Congressman Phil Gingrey has introduced The Homebuyer Enhanced Fee Disclosure Act of 2010 (HR 6332) - a bill to facilitate and standardize disclosure of private transfer fees. Private transfer fees lower a home's initial purchase price by spreading infrastructure and development costs among future homebuyers, rather than forcing the initial buyer to absorb 100 percent of development costs.
Veterans using the Post-9/11 GI bill will see their monthly living stipends stopped between fall and winter semesters, starting next year, and only full time students will continue to draw stipends at the 100 percent rate. Those two cost-saving changes, plus a new $17,500 nationwide cap on Post-9/11 GI Bill benefits for students attending private colleges and universities, freed up enough program dollars for Congress to expand new GI Bill eligibility and improve other features, all to take effect by fall of 2011.
Upkeep of roads, bridges and transit systems is a high priority to an overwhelming margin of Americans, but by an even greater margin they don't want to pay more for it, according to a survey that will be released this week. With the Obama administration's budget due Monday, House Republicans embarked on an effort to reduce spending by $100 billion and a long-term transportation bill stalled in Congress, 78 percent of those surveyed say private investors should be tapped to rebuild the country's aging infrastructure.
... Act (Act) authorizes either House of Congress, by resolution, to invalidate the decision of the ... of Representatives - and 7 - requiring every bill passed by the House and Senate, before becoming la... Chadha's on a case-by-case basis through private bills. Although it may be that Congress was reluct...
Isn't Bush the guy who's always saying, "Support the troops"? He wouldn't turn his back on them once they come home, especially not sick and wounded vets-would he? The Democratic Congress didn't say no to [Michael Mukasey]'s nomination. Democratic Sens. Chuck Schumer and Dianne Feinstein led the way to approve him, allowing [Bush] to trump both the rule of law and the public will. The two Democrats meekly said that Mukasey assured them in private that if Congress passes a bill outlawing waterboarding, he will uphold it. She has never really left the corporate swirl. [Nancy Nord] and her predecessor, another Bush appointee, have taken dozens of junkets to China, Spain, San Francisco, and other pleasurable locales on the expense accounts of the industries they supposedly regulate. Last ye...
The Blackstone Bill is an extremely narrow approach to the carried interest issue. Because corporations pay tax on capital gains at a 35% rate, the same rate as ordinary income, the Blackstone Bill has the practical effect of taxing carried interest received by these publicly-traded partnerships at the same rate as ordinary income. The Blackstone structure capitalizes on the (mis)treatment of carried interest as capital gains and parlays it into a method of avoiding the corporate tax that most public companies must pay. Absent a legislative response, the innovative structure may tempt still more firms to go public as partnerships instead of corporations. The Blackstone Bill fails to achieve the high-level policy goal of taxing the returns from managing financial assets consistently rega...
... turned the question of the taxation of private equity fund managers from an academic pastime into...%.9 While there is significant support in Congress for the idea of taxing carried interest as ordinar...
Property rights advance in China BEIJING China on Thursday presented the National People's Congress a landmark bill on property rights, stressing the need to protect private assets as the country follows a market economy path. The bill will be enacted next Friday, when the congress closes its annual session.
COLUMBUS -- Six prisons, a 241-mile highway, dozens of college dorms, a liquor monopoly and thousands of city parking meters are all eligible to shift from government control to private operation under the budget bill signed into law by Gov. John Kasich. The first-term Republican governor, who spent 18 years in Congress and nearly 10 years on Wall Street, wants to shrink government and sees privatization as a solution.
WASHINGTON - The Senate on Thursday night overwhelmingly approved the most significant changes to the private pension system since Congress created comprehensive rules covering employee retirement plans three decades ago. The bill, which goes to President Bush for his signature, is intended to bolster the system for more than 44 million workers and retirees who receive traditional pensions that provide defined benefits. It would require employers that operate such plans to fund them more completely and would put on sturdier financial footing the federal insurance agency that gives Americans some protection if their pension plans collapse.
...MAXINE WATERS, D-CALIF. REP. BILL DELAHUNT, D-MASS. REP. LINDA T. SAN... and Custom Enforcement report on three private bills, H.R. 1485, H.R. 4070, and H.R. 5221. We wi...A private bill was enacted in the 104th Congress for an alien who had earlier been deported to Mexi...
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