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Is This The Week That Congress Passes Coronavirus Relief?


Is This The Week That Congress Passes Coronavirus Relief?
Four more days ’til Friday and another deadline. President Trump signed a short-term funding bill to keep the federal government open until this Friday Dec. 18. Lawmakers continue to try to reach agreement on a longer-term $1.4 trillion omnibus package that would keep the federal government running at least through March and perhaps through the fiscal year. 
And stimulus? Both House Speaker Nancy Pelosi and Senate Majority Leader Mitch McConnell say they’d like to attach a pandemic relief bill to the omnibus bill. Of course, reaching agreement on a relief deal would help. Sen. Bernie Sanders says he’ll block the Senate from even considering another government funding bill unless it includes another round of stimulus payments.   ....

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Iowa Legislature: Can Republicans cut taxes despite pandemic losses?


Des Moines Register
The COVID-19 pandemic dealt a blow to Iowa’s revenues this year, but top Republicans are still hopeful they can cut Iowa taxes in the new year.
Lawmakers received their first inkling of what the state budget could look like on Friday when a state panel predicted revenues would grow modestly in the upcoming fiscal year. The panel reviewed data showing the COVID-19 pandemic has caused significant financial damage to businesses, families and state revenues.
We . actually are going to probably be one of the few states that we’ll be able to talk about tax reform again, Joel Anderson, an economic policy adviser to Gov. Kim Reynolds, told a group of Iowa business leaders last week. ....

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