Topic: Sander Levin

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How payroll tax gridlock in Congress finally came unstuck

A deal to prolong the payroll tax cut has also paved the way for Congress to extend long-term unemployment benefits and the Medicare 'doc fix' to the end of the year.
Unlocking the mystery of Romney's 15 percent tax rate. Yes, it's legal.

Mitt Romney can pay a tax rate of 15 percent because his income, from investment firm Bain Capital, is structured as capital gains in the form of 'carried interest.' Here's how it works.
Michigan unemployment benefits cut short: 'Huge win' or 'reckless'?

A new Michigan law shortens the duration of unemployment benefits from 26 to 20 weeks. A similar measure is before the Florida legislature.
House votes to repeal health-care reform: What happens now?

Though the House has repealed health-care reform, it won't be repealed by the Senate, meaning the effort is virtually dead. But House Republicans can still try to dismantle the law by other means.
Naoto Kan government intervenes in currency market to weaken yen

Naoto Kan stamped his authority on government policy, making the yen less of a one-way bet — even if the effects of intervention prove to be short-lived.
Amid John Boehner blast at Obama, hints of how GOP would rule

House Republican leader John Boehner called on President Obama Wednesday to fire his economic team. But his comments also offered a glimpse of what the would-be House Speaker might do differently if the GOP retakes the House in November.
Obama signs healthcare bill with 22 pens. Who started that idea?

Many presidents now sign historic legislation – like the healthcare bill – with multiple pens. Twenty-two isn't even close to the record, in fact.
Two House health care reform votes: first fixes, then Senate bill

House leaders rejected 'deem and pass' Saturday, and negotiations on abortion concern made progress, clearing the way for Sunday's health care reform bill vote.
Sander Levin, chair of Ways and Means, forms powerful brother duo

Sander Levin is now part of one of the most powerful brother acts in Washington since the Kennedys. He was named the chairman of the House Ways and Means Committee Thursday. His brother, Carl, is chairman of the Senate Armed Services Committee.
Tax VOX
Charles Rangel: master of politics, not the tax code

Rep. Charles Rangel, chair of House Ways and Means, knew how to work both sides of the aisle but didn't understand old rules of Capitol Hill had changed.
The job market's big slump

The month of May had the sharpest increase in the US unemployment rate in 22 years.