Ncsl In DcHere is more from the report: "Pfizer, which played arguably the biggest role in 2020's vaccine race, also had a frenzied year politically. In addition to giving roughly million to members of Congress, Pfizer also wrote checks to 1,048 individual candidates in state legislative races..Last week a group of 10 moderate Democrats delayed a procedural vote for their party's reconciliation bill, which is the expensive bill containing the President's program to rebuild the U.S. infrastructure. The fear is that some of those same moderates may again band together to blunt the drug-pricing provisions going into the reconciliation package..Unlike the rest of our tax system, which is progressive, meaning the lower the income, the lower the tax rate that people must pay - Social Security payroll taxes are regressive. The first dollar of earnings is taxed for Social Security, and all workers pay 6.2% tax on earnings - an amount that is matched by employers - but only on the first 8,500 in earnings. But because of the taxable maximum cap, the highest paid workers, like CEOs of major corporations who receive millions in wages and even Member of Congress, are pocketing a huge tax break, 6.2% of every dollar earned over 8,500. … Continued
Leadership In The Legislature Oas Episode 5Congress is now in recess and is not scheduled to start again until April 20. Of course, that could change, depending on the situation with the spread of the virus..low - income Medicare beneficiaries whose Part B is paid for by state Medicaid programs, and,.Separately, the House Ways and Means Committee Means Committee approved the largest expansion of Medicare since the addition of drug benefits two decades ago. … Continued
