Biden’s bill funds niche items from electric bikes to ‘tree equity’

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Biden’s bill funds niche items from electric bikes to ‘tree equity’

“The collapse of local journalism has had dire consequences for our ability to govern,” said Mr Blumenauer, a senior member of the tax-writing Ways and Means Committee, pointing to anti-Muslim and other offensive remarks by a Republican trucker. . The driver who defeated the Senate president of New Jersey this month – but was only revealed by the news media after his election.

“The local media had no opportunity to give basic information about the candidates,” said Mr Blumenauer. “The man would never have been chosen if he had done any kind of investigation.”

Some of the measures stuck in the bill have been hanging around for years. In 2007, Pennsylvania Republican Senator Arlen Spector drafted legislation that would allow attorneys who work on a contingency basis—paid only if they win—to take a tax write-off of expenses from a case. for as they have been spent. At present, such expenses can be claimed only once the case has been adjudicated.

As the measure was written, Mr. Spector switched parties, lost and then died, but his work found its moment. According to the Joint Committee on Taxation, Congress’s nonpartisan referee on tax policy, the change for trial attorneys would generate substantial savings of up to $2.5 billion.

Carly Moore Sfregola, a spokeswoman for the American Association for Justice, the lobby of trial attorneys, said, “Lawyers acting on a contingency fee basis may not deduct their expenses until the case is resolved, which could be years after the expense was incurred. ” “The contingency fee system is the only way regular people can get justice.”

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And many measures have bipartisan origins. An effort to include independent music producers in the current tax breaks for film, television and live theatrical productions found a champion in Tennessee’s conservative firebrand senator, Marsha Blackburn, at the behest of Nashville.

Representative Linda T. Sanchez, Democrat of California, initially drafted the Helping Independent Tracks Success, or HITS, Act in 2020 at the start of the coronavirus pandemic, but she helped bring together Ms. Blackburn, Representative Ron Estes, Republican of Kansas was capable. , and Senator Diane Feinstein, Democrat of California.

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