REVIEW
House Passes Bill to Tax Bonuses: The House passed a bill by a vote of 328 to 93 that would impose a 90 percent tax on employee bonuses from certain Troubled Asset Relief Program bailout funds. The bill applies only to those companies that took more than $5 billion in federal aid. It targets executives and other employees at AIG who received $165 million in bonus checks. (H.R.1586) The Senate is considering its own bill on the measure. (S.651)
Targeting narrow groups and levying excessive taxes could be deemed unconstitutional.
Health Care Overhaul: Lawmakers drafting a health care overhaul bill are considering a government-run insurance option to compete with private health insurers. Democrats have pushed for such a plan to be among the options available, and the President has also suggested it. Republicans have spoken out against such a plan.
Omnibus Land Package: After months of delay, the Senate passed a package of lands bills by a vote of 77 to 20. Much of the legislation consists of wilderness designations, or protections for wild and scenic rivers. It would codify a National Landscape Conservation System that could force restrictions on land use. The House is expected to clear the measure this month. (H.R.146) Click here for more information.
Veterans’ Bills: Two House Veterans’ Affairs committees approved measures to expand veterans’ health care reimbursement payments and to establish a scholarship for students pursuing degrees or certificates in medical studies to help the visually impaired. (H.R.1377) (H.R.228)
PREVIEW
The House will take up an omnibus lands bill. The Senate will consider a national volunteer service bill and the executive bonus tax measure.
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The source of the information is from a National Writer Your Congressmen newsletter.
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