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]] Public Law th Congress An Act To provide for budget control. > Be it enacted by the Senate and House of. Budget Control Act of - Title I: Ten-Year Discretionary Caps with Sequester - (Sec. ) Amends the Balanced Budget and Emergency.
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Some such recent proposals supported by the Administration and many members of Congress include: Eliminating oil and gas preferences e. Check out: Impeachment. Damian Honey HFW. The second step would be an agreement containing more specific tax and entitlement reform appearing sometime in The appropriation and authorizing committees in both chambers are holding hearings about the budgets of federal programs.
The Affordable Care Act will further reduce some Medicare payments, and now the Budget Control Act of will reduce them even further. With reductions in funding and departure of the healthy and wealthy, Medicare would inevitably transition into a welfare program.
Skip to primary navigation Skip to main content Skip to primary sidebar Skip to footer Quote of the Day. Share on Facebook Share on Twitter. This legislation did not include any changes to the carried interest tax rates, which is currently at 15 percent but set to expire at the end of and rise to at least However, there is a high level of certainty that this issue will be on the chopping block in the near future.
President Obama has been quite vocal about his plan to let the Bush Tax Cuts expire, which would result in carried interest reverting to the CCIM Institute legislative staff intends to monitor this issue very closely and will be prepared to send out a Call-to-Action to all members if necessary. You can access all of CCIM.