» Capitol Hill

Fairfax, VA (Law Firm Newswire) June 19, 2015 – Largely GOP-backed measure includes retention of ‘stepped-up basis’ on capital gains. The House of Representatives on April 16 voted largely along party lines to repeal the estate tax. Seven Democrats joined 233 Republicans voting in favor of the repeal, while only three Republicans aligned with 176 Democrats against the repeal in the GOP-controlled House. The roll call on the estate tax was the first time in a decade that the lower chamber of Congress supported an end to what Republicans have called the “death tax.” But unlike the previous House vote […]


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Tampa, FL (Law Firm Newswire) July 31, 2014 – Unless changes are made, the Social Security disability fund will run out of money by end of 2016. Capitol Hill’s notorious procrastination could soon impact millions of Americans receiving Social Security disability payments. Within the next three years, Congress must come up with a plan to keep the program financially afloat. And given federal lawmakers’ proclivity for adopting short-term fixes at the eleventh hour, disabled workers may have to wait for a significant period before even finding about any stopgap measure that Congress passes. As it stands, the trust fund for […]


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Tampa, FL (Law Firm Newswire) May 15, 2014 – Lawmakers are desperate to put a dent in the national deficit. On Capitol Hill, both Democrats and Republicans are searching for potential areas to cut spending or increase revenue. One such idea has Social Security disability advocates particularly uneasy.  Under the proposal, those who collect unemployment benefits would become ineligible for disability payments. While the federal budget deficit has narrowed a bit this February (compared to the same month last year), it still stands at $193.5 billion. The suggestion to eliminate disability payments to those who collect unemployment benefits appeared in […]


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Houston, TX (Law Firm Newswire) December 17, 2013 – Lack of immigration reform is helping Indian IT firms to retain visas. Immigration reform has been a top priority for the White House, but the recent setbacks of the Obama administration, as well as the politically charged gridlock on Capitol Hill, have brought key legislation to a near standstill. Viewers in some quarters watch in dismay while reform speed grinds to a halt. But Indian information technology companies, heavily reliant on a steady, unrestricted supply of the H-1B and L1 visas threatened by the proposed legislation, may be able to continue […]


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Houston, TX (Law Firm Newswire) December 3, 2013 – Lack of immigration reform is helping Indian IT firms to retain visas. Immigration reform has been a top priority for the White House, but the recent setbacks of the Obama administration, as well as the politically charged gridlock on Capitol Hill, have brought key legislation to a near standstill. Viewers in some quarters watch in dismay while reform speed grinds to a halt. But Indian information technology companies, heavily reliant on a steady, unrestricted supply of the H-1B and L1 visas threatened by the proposed legislation, may be able to continue […]


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