|
Wednesday, April 02, 2008
DAILY FISCAL POLICY REPORT -- April 2, 2008
Housing Stimulus -- Possible Senate Vote on Dodd-Shelby: A Senate vote on the Dodd-Shelby housing stimulus bill may come as early this afternoon, pending negotiations by Sens. Chris Dodd (D-CT) and Richard Shelby (R-AL), chair and ranking member of the Senate Banking, Housing, and Urban Affairs Committee. New York Times: Regarding the bipartisan support for the bill, Senator Majority Leader Harry Reid : "This is not April Fool's," he said. "This is serious business."
PAYGO -- Extenders Will, AMT Patch Won't Comply: Following the Senate Democratic policy luncheon yesterday, Senate Finance Committee Chair Sen. Max Baucus (D-MT) repeated his view that a one-year AMT patch will not be paid for. Regarding the popular "extenders" set of tax breaks, Baucus ($): "we're going to get a significant extenders package paid for and we're working on both sides to get that done."
Fed'ral Conracts -- IBM Suspended from Eligibility: This week, IBM was temporarily suspended from eligbility to receive federal contracts. The company is under investigation for possible violations of the Procurement Integrity provisions of the Office of Federal Procurement Policy Act regarding a bid for EPA business originally submitted in March 2006. Financial Times.
Posted by Dana Chasin
|