OBM's preliminary revenue report for May show a continuing slump in personal income tax receipts and a sizeable hit to sales tax intake compared to the agency's estimates as revised several months ago. Total tax receipts for the month were nearly $165 million, or 10.7%, less than projected...
Policy & Politics
The Food Safety Enhancement Act, a bill that would overhaul food safety rules, includes provisions that concern farmers and ranchers, the Farm Bureau told the chair of the House Energy and Commerce Committee in a letter.
House Speaker Nancy Pelosi (D-Calif.) has given the Agriculture Committee and Ways and Means Committee authority to mark up the cap-and-trade bill crafted by Reps. Henry Waxman (D-Calif.) and Edward Markey (D-Mass.) that recently passed the Energy and Commerce Committee, but six other committees...
Legislation giving the Food and Drug Administration the authority to regulate tobacco products appears on track for passage after a procedural vote in the Senate on Thursday, but Sens. Richard Burr (R-N.C.) and Kay Hagan (D-N.C.) are taking steps to slow or stop the bill.
Sen. Charles Grassley (R-Iowa) says he wants to instill some “common sense thinking” at the Environmental Protection Agency and is inviting Administrator Lisa Jackson and other agency officials to visit a farm in Iowa. “I don’t think the people at the EPA get the big picture.