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The conservative Heritage Foundation has had kind words for Democratic Senator Ron Wyden's corporate tax reform proposal.
Scott Bittle and Jean Johnson: Fiscal Follies: Is it Time to Raise Taxes, Simplify Them, or Both? Scott Bittle 2011
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The conservative Heritage Foundation has had kind words for Democratic Senator Ron Wyden's corporate tax reform proposal.
Scott Bittle and Jean Johnson: Fiscal Follies: Is it Time to Raise Taxes, Simplify Them, or Both? Scott Bittle 2011
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A spokesman declined to comment on Mr. Wyden's bill, saying only that the committee "will be examining various proposals for financing infrastructure projects in the coming months in order to develop a major fiscally responsible transportation reauthorization."
New Build America Bonds Proposal on Tap Andrew Ackerman 2011
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Gentiva spent $798,100 in the same time period on lobbying, saying Wyden's bill is its top legislative priority.
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The five-year program, which would be called Transportation and Regional Infrastructure Projects, or TRIPs, is expected to have bipartisan support, according to Jennifer Hoelzer, Mr. Wyden's deputy chief of staff.
New Build America Bonds Proposal on Tap Andrew Ackerman 2011
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However, Mr. Wyden's idea to renew Build America Bonds with what are known as taxable tax credits appears to reflect the general direction of federal policymakers.
New Build America Bonds Proposal on Tap Andrew Ackerman 2011
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Mr. Wyden's proposal would come just after fellow Democrat Sen. John Kerry of Massachusetts introduced a bill Tuesday to create a $10 billion infrastructure bank.
New Build America Bonds Proposal on Tap Andrew Ackerman 2011
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Gentiva spent $798,100 in the same time period on lobbying, saying Wyden's bill is its top legislative priority.
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To counter those concerns, Mr. Wyden's TRIPs bill would create a Transportation Funding Corp. to allocate the $50 billion TRIPs cap among the states, with at least 1%, or $500 million, allocated to each state.
New Build America Bonds Proposal on Tap Andrew Ackerman 2011
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Both Mr. Wyden's bill and the infrastructure bank bill are expected to face an uphill political battle.
New Build America Bonds Proposal on Tap Andrew Ackerman 2011
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