David Sherfinski
Articles by David Sherfinski
Leading business groups tell Congress to ‘move quickly’ on tax reform
Leaders of four of the United States' top business advocacy groups are telling Congress to "move quickly" on tax reform, as lawmakers prepare for a weeklong July 4 break and another extended break in August. Published June 29, 2017
Americans for Prosperity expands ad push to pressure Senate Republicans on tax reform
Americans for Prosperity is expanding a six-figure digital ad campaign pushing Congress to act on tax reform to target about a dozen Senate Republicans, the conservative advocacy group announced Thursday. Published June 29, 2017
Obamacare repeal delayed until after July 4 recess
Senate Republican leaders set a new Friday deadline for getting agreement among themselves on an Obamacare repeal -- though they acknowledged they're struggling to find ideas that can bridge the gap between conservatives on one side who want to go further in repeal and moderates who say the GOP is already going too far. Published June 28, 2017
Mitch McConnell: We can’t afford to delay on health care
Senate Majority Leader Mitch McConnell on Wednesday pledged that work would continue on Republicans' Obamacare repeal efforts, a day after he was forced to delay action on a Senate bill without enough support in his conference to pass it. Published June 28, 2017
House Republican budget to miss target vote
House Republicans emerged from a closed-door meeting Tuesday signaling that they will miss another self-imposed target to vote on a budget this week, as long-running disputes between conservative budget hawks and powerful committee chairmen leave the party politically crippled. Published June 27, 2017
Deal eludes House GOP on 2018 budget plan
House Republicans emerged from a closed-door meeting Tuesday indicating there are still significant divisions within the GOP conference on the party's 2018 budget plans, which leadership had hoped to use as a vehicle for tax reform efforts. Published June 27, 2017
Conservative House members want to rewrite tax code, overhaul welfare
House conservatives say they want to couple the GOP's attempt to rewrite the tax code to an even more ambitious overhaul of the federal government's welfare system, weighing down what was already a heavy lift for GOP leaders. Published June 26, 2017
IRS to launch new digital system that will spot frivolous tax returns
The IRS is about to launch yet another digital system designed to spot "frivolous" tax returns after the last several systems let too many bogus claims through, according to a recent tax audit released this month. Published June 25, 2017
TARP’s final price tag is $33 billion: CBO
The government's TARP bailout, meant to rescue Wall Street and the auto industry from the 2008 crash, will end up costing taxpayers a net $33 billion, the Congressional Budget Office said Friday. Published June 23, 2017
Robert Lighthizer, U.S. trade rep: Ford’s China move ‘very troubling’
President Trump's trade representative on Thursday said the administration is prepared to "take action" after Ford's "troubling" move to shift some of its operations planned for Mexico and instead export cars from China back into the United States. Published June 22, 2017
Cornyn, Cuellar ask U.S. trade rep for briefing on NAFTA, U.S.-Mexico border region
Sen. John Cornyn and Rep. Henry Cuellar on Thursday requested a meeting with U.S. trade representative Robert Lighthizer to talk about how the North American Free Trade Agreement (NAFTA) affects constituencies along the U.S.-Mexico border. Published June 22, 2017
House Republicans are two months behind writing budget
House Republicans say they're already behind on this year's budget and spending bills, raising the chances of a major year-end crush and the kind of massive omnibus bill that's left the GOP steaming in recent congresses. Published June 21, 2017
Robert Lighthizer, U.S. trade rep, hopes to renegotiate NAFTA by end of year
President Trump's U.S. trade representative said Wednesday he hopes the administration can finish a renegotiation of the North American Free Trade Agreement (NAFTA) by the end of the year but that he won't rush through an imperfect deal for the sake of expediency. Published June 21, 2017
Mike Pence pledges ‘largest tax cut’ since Reagan ‘this year’
Vice President Mike Pence said Tuesday the White House and congressional Republicans will oversee passage of the largest tax cut since the Reagan administration, and that they'll get it done in 2017. Published June 20, 2017
Paul Ryan: We will get tax reform done in 2017
House Speaker Paul D. Ryan vowed Tuesday that Congress will approve a broad-based overhaul of the federal tax code this year, laying down a firm deadline for Republicans as he tries to smooth over intraparty differences that have plagued the effort thus far. Published June 20, 2017
Tax revenue down with Republican rate cuts expected
Uncle Sam's tax revenue has taken a surprising dip, coming in lower than expected — and analysts say one reason could be that taxpayers are looking for ways to push their IRS payments into the future, banking on Republicans to deliver tax cuts that would save them money in the long run. Published June 18, 2017
House committee advances nuclear power tax credit bill
The House Ways and Means Committee -- Congress's chief author of tax laws -- advanced legislation Thursday that would extend a tax credit for nuclear power, saying facilities in the works in the southeastern U.S. likely need the government subsidy to get off the ground. Published June 15, 2017
Rep. Thomas Massie introducing bill to recognize outside concealed carry permits in D.C.
Rep. Thomas Massie on Thursday said he's introducing legislation that would recognize out-of-state concealed carry permits in the District of Columbia, in the wake of the shocking attack on Rep. Steve Scalise and others in Northern Virginia on Wednesday. Published June 15, 2017
Steve Scalise, Zachary Barth, two Capitol Hill Police officers among the wounded in shooting
House Majority Whip Steve Scalise was fielding ground balls near second base on the baseball diamond Wednesday, making him one of the first targets for the gunman who attempted a murderous rampage Wednesday. Published June 14, 2017
House votes to undo key parts of Dodd-Frank financial reform law
The U.S. House on Thursday voted to eviscerate much of the 2010 Dodd-Frank financial reform law, moving to wipe out what Democrats tout as one of the signature pieces of legislation enacted under former President Obama. Published June 8, 2017