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April 15, 2021

Legislation

Lawmakers to unveil legislation for veterans exposed to toxic burn pits while serving overseas

CBS News
CBS News – For more and to sign up click here Lawmakers to unveil legislation for veterans exposed to toxic burn pits while serving overseas – CBS News Watch CBSN Live Lawmakers from both sides of the aisle are coming together to support new legislation that would help service members......

Lee signs legislation allowing qualified residents to carry a handgun without a permit in Tennessee

WashingtonExaminer
USA TODAY – For more and to sign up click here Carrying a handgun without a permit in Tennessee is now law after Gov. Bill Lee signed legislation Thursday to allow it. Lee announced on social media he had signed Senate Bill 765. “I signed constitutional carry today because it......

Failed Amazon union effort renews call for updated U.S. labor laws

Reuters
FILE PHOTO: Danny Gonzalez makes deliveries for Amazon during the outbreak of the coronavirus disease (COVID-19) in Anaheim, California, U.S., March 23, 2020. REUTERS/Alex Gallardo/File Photo WASHINGTON (Reuters) – A failed attempt to unionize Amazon.com warehouse workers shows why Congress needs to pass proposed legislation to protect labor unions against......

Kansas senator proposes legislation to limit placement of wind turbines

WashingtonExaminer
USA TODAY – For more and to sign up click here Kansas state Sen. Mike Thompson is proposing legislation that would limit the placement of wind turbines in rural areas. Thompson, chairman of the State Senate Utilities Committee, fears that improper placement could cause property values to fall and impose......

White House mulls executive action on gun control as legislation stalls in Senate

CBS News
CBS News – For more and to sign up click here The White House is considering executive action to address gun violence in the wake of two mass shootings that rocked the country over the past several days. President Biden has urged Congress to take action quickly and address gun......

6 million people applied for unemployment a year ago. They’re still near pre-pandemic highs

CNBC
CNBC – For more and to sign up click here A person walks under a marquis for a closed down Paramount theater in Oakland, Calif. on Feb. 12, 2021. JOSH EDELSON | AFP | Getty Images It’s been a year since unemployment claims peaked at nosebleed levels and signaled the......

Biden tax plan may lead to more Roth retirement accounts

CNBC
CNBC – For more and to sign up click here Win McNamee | Getty Images News | Getty Images Biden tax plan Generally, Roth accounts make sense if taxpayers think their income-tax rate will be higher when they withdraw money in retirement. In that case, it would yield a financial......

Why companies should fight anti-LGBTQ legislation: corporate leaders

USA Today
USA TODAY – For more and to sign up click here USA TODAY As four of the largest food companies and major employers in the United States, we view the growing number of anti-LGBTQ+ bills under consideration in state legislatures, including those that target transgender people and particularly children, with......

Amended return may be needed to get full refund on $10,200 unemployment tax break, IRS says

CNBC
CNBC – For more and to sign up click here $10,200 unemployment tax break The American Rescue Plan waived federal tax on up to $10,200 of unemployment benefits, per person, received in 2020. However, President Joe Biden signed the $1.9 trillion Covid relief measure on March 11 — about a......

U.S. Senate parliamentarian says reconciliation can be used to pass legislation

Reuters
FILE PHOTO: U.S. Senate Majority Leader Chuck Schumer (D-NY) touts Senate Democrats legislative accomplishments as he holds a news conference at the U.S. Capitol in Washington, U.S., March 25, 2021. REUTERS/Jonathan Ernst/Pool WASHINGTON (Reuters) – U.S. Senate parliamentarian has issued an opinion that a revised budget resolution may contain budget......

Consumer protection group proposes rule to prevent foreclosures until 2022

CNBC Real Estate
The Consumer Financial Protection Bureau proposed a rule Monday to prevent a wave of foreclosures this fall, when certain Covid-era protections for homeowners are set to expire. The proposal, which would need final approval, generally prohibits mortgage servicers from initiating foreclosure proceedings against delinquent borrowers until after Dec. 31, 2021.......

What to know about tax credits in the American Rescue Plan

CNBC
CNBC – For more and to sign up click here kate_sept2004 | E+ | Getty Images Recovery rebate credit miodrag ignjatovic | E+ | Getty Images The recent round of relief included stimulus checks of up to $1,400 per person. But it also allows people to claim earlier rounds of......

Planning to invest your $1,400 stimulus check? Why a Roth IRA may make sense

CNBC
CNBC – For more and to sign up click here Morsa Images | E+ | Getty Images A new set of $1,400 stimulus checks may tempt some recipients who don’t really need the money to instead dabble in the stock market. Depending on your goals, a brokerage account may not......

IRS refunds will start in May for $10,200 unemployment tax break

CNBC
CNBC – For more and to sign up click here Samuel Corum/Bloomberg via Getty Images The IRS will start issuing tax refunds in May to Americans who filed their returns without claiming a new break on unemployment benefits, the federal agency said Wednesday. The American Rescue Plan waived federal tax......

Fourth stimulus checks are unlikely. Here’s what federal aid could be coming next

CNBC
CNBC – For more and to sign up click here As vaccines ramp up and the economy reopens, many individuals and families may be eager to see this side effect of the Covid-19 pandemic continue: government stimulus checks. A recent poll from Data for Progress found 65% of Americans are......

Senate Democrats propose capital-gains tax at death with $1 million exemption

CNBC Real Estate
Sen. Bernie Sanders, I-Vt., speaks at an event in Birmingham, Alabama, on March 26, 2021. Andi Rice/Bloomberg via Getty Images A group of Senate Democrats issued a proposal Monday to tax unrealized capital gains of wealthy estates at death. The plan comes as President Joe Biden prepares to unveil a......

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