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Pascrell Secures $700K Federal Grant to Establish Crime Gun Intelligence Center in Paterson

Pascrell Secures $700K Federal Grant to Establish Crime Gun Intelligence Center in Paterson Major award will help Paterson Police combat gun violence, prosecute criminals   PATERSON, NJ – U.S. Rep. Bill Pascrell, Jr. (D-NJ-09), co-chair of the Congressional Law Enforcement Caucus, announced today that the U.S. Department of Justice (DOJ) has awarded a $700,000 federal[.]

Democrats Mull Weakening Biden Tax on Capital Gains for Estates

Democrats Mull Weakening Biden Tax on Capital Gains for Estates Bloomberg 2 hrs ago © Bloomberg House Democrats, Biden At Odds Over Enhanced Child Tax Credit (Bloomberg) The Biden administration’s proposal to dramatically expand the inheritance tax bill for wealthy Americans is running into some headwinds with Democrats on Capitol Hill, showcasing nervousness about the scope and size of elements of the White House’s ambitious tax plans. President Joe Biden’s sweeping expansion of social spending programs would be financed in part by tax hikes on the rich. A key element of that is ending “step-up in basis,” which allows heirs to use the market value of assets at the time of inheritance rather than the historical purchase price as the cost basis for capital gains.

Pascrell, Menendez Highlight Student Loan Debt Crisis on Montclair State Campus

Pascrell, Menendez Highlight Student Loan Debt Crisis on Montclair State Campus By MARK GREENBAUM Rep. Bill Pascrell Rep. Bill Pascrell Credits: Mark Greenbaum Student debt tax relief in American Rescue Plan paves way for federal action U.S. Rep. Bill Pascrell, Jr. (D-NJ-09) and U.S. Sen. Bob Menendez (D-NJ) today were joined by students, administrators, and higher education advocates at Montclair State University to highlight the student loan debt crisis. A provision in the American Rescue Plan authored by Pascrell and Menendez paves the way for President Biden would make college loan forgiveness tax-free and eliminate thousands of dollars in surprise tax bills.

Pascrell, Menendez Highlight Student Loan Debt Crisis on Montclair State Campus

Pascrell, Menendez Highlight Student Loan Debt Crisis on Montclair State Campus
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