Rob Portman says IRS enforcement off the table for funding $1.2T infrastructure package
Source: Politico
Sen. Rob Portman said Sunday that IRS enforcement was officially off the table as a means for funding the $1.2 trillion bipartisan infrastructure bill.
The Ohio Republican, one of 22 senators working in the bipartisan group to negotiate the infrastructure framework, said increasing IRS enforcement as a way to raise new revenues faced pushback from Republican colleagues one of the reasons it was no longer a viable option. He also said Democrats are considering including that proposal in the separate $3.5 trillion reconciliation bill, which created quite a problem.
Portman said the group of 22 is meeting again Sunday to negotiate ways to pay for the package.
That's one reason we're having initial meetings today and had more meetings over the past few days on this topic. There are other ways to do this. Theres legislation, one called the Medicare Rebate Rule that provides significant revenue, Portman said on CNNs State of the Union on Sunday. I've been on the phone a lot with the congressional budget office and with the joint committee on taxation over the weekend. And we have a number of pay-fors. And thats important that it be paid for.
Read more: https://www.msn.com/en-us/news/politics/rob-portman-says-irs-enforcement-off-the-table-for-funding-dollar12t-infrastructure-package/ar-AAMi7zS?ocid=DELLDHP&li=BBnb7Kz
Fuck that. I'm sick and tired of freeloading fat cats who think they can thumb their collective noses at the rules.
The Magistrate
(95,267 posts)Hammer these boogers for announcing they want 'malefactors of great wealth' to continue their thefts from our country unhindered.
Bunch of crime-coddling lickspittles, every one of them.
WHITT
(2,868 posts)And they're all on working people.
It's not. It's full of smoke & mirrors.
asiliveandbreathe
(8,203 posts)The rebate rule was haphazardly finalized and clearly circumvented the proper rulemaking process. Evidence showing that the rebate rule will significantly increase beneficiary premiums and government costs was ignored by the previous Administration. The rebate rule should be promptly and permanently repealed.
PCMA is the national association representing Americas pharmacy benefit managers (PBMs). PBMs administer prescription drug plans for more than 266 million Americans who have health insurance from a variety of sponsors including: commercial health plans, self-insured employer plans, union plans, Medicare Part D plans, the Federal Employees Health Benefits Program (FEHBP), state government employee plans, Medicaid plans, and others.
MissMillie
(38,606 posts)It probably pays for itself.
Evolve Dammit
(16,817 posts)Chicago1980
(1,968 posts)The democrats should just roll said enforcement into the reconciliation bill...
COL Mustard
(5,969 posts)They are the party of chaos and criminality. Let them own this!
DBoon
(22,427 posts)They have their favorite criminals to protect
not fooled
(5,805 posts)police are only for locking up poor criminals.
marble falls
(57,494 posts)yaesu
(8,020 posts)PatrickforB
(14,604 posts)anymore. "Oh, we don't want any IRS enforcement because that might affect the (gasp!) billionaire parasites. God forbid Zuck and Jeff should have to pay in a few extra million dollars.
Jopin Klobe
(779 posts)... translation, "We keep STEALING!!!" ...
Deminpenn
(15,295 posts)part of this legislation, just that something "bipartisan" pass so Manchin and company can be happy and tout their success. Then Dems can go ahead and pass the rest of the legislation via reconcilliation while the more centrist/conservative Dems talk about "bipartisanship".
Historic NY
(37,461 posts)Firestorm49
(4,041 posts)LastLiberal in PalmSprings
(12,601 posts)Only laws the don't affect rich donors and corporations should be enforced. Makes perfect sense to me.
lagomorph777
(30,613 posts)Johnny2X2X
(19,271 posts)This makes the bipartisan deal less likely to be an option. Just move forward on the reconciliation package and do whatever you have to do to get Manchin on board.
twodogsbarking
(9,925 posts)Leona Helmsley. Sentenced to sixteen years served less than two.
She was spot on with her quote.
nykym
(3,063 posts)What we have is a bunch of millionaires writing tax policy for the rest of us.
Really why would most of them want to change the tax code so it is fair.
that would require them to pay their fair share.
I don't think so.
If your curious as to what the member's make check this out:
https://www.rollcall.com/2018/03/02/every-member-of-congress-wealth-in-one-chart/