Closing the carried interest loophole is gaining support on both sides of the aisle. The non-partisan Joint Committee on Taxation estimates that doing so would raise $15 billion in revenue that would otherwise end up in the pockets of wealthy fund managers.
House Republicans have a plan for the US to default on its legal obligations for the first time in history. Their plan would guarantee payment for a small share of the bills we have already incurred, leaving everything else at risk of non-payment.
W&M Committee Democrats sent a letter to Chairman Paul Ryan requesting hearings to find a long-term funding solution for the Highway Trust Fund. The Committee has not held a hearing on financing the Highway Trust Fund since Republicans took the majority in 2011.