September 22, 2008

CCH, a Wolters Kluwer business and a leading provider of tax, accounting and audit information, software and services has issued a Special Tax Briefing detailing the tax policies of the two major presidential candidates. "Newly elected presidents have a good track record for getting major tax legislation passed their first year in office," noted Mark Luscombe, JD, CPA and CCH principal federal tax analyst. "Therefore, although many details of the candidates' proposals are unclear, tax practitioners are anxious to learn as much as they can about their positions -- and perhaps take advantage of planning opportunities between the election and the end of the tax year." Full release

Every day, another financial institution shutters its doors. Over 600,000 thousand U.S. jobs have been lost so far this year. Gas, food, and health care prices are through the roof. The writing is on the wall: the American economy is teetering on the edge of collapse, and American families are paying the price. But despite the mounting evidence that deregulation has been a major contributing factor in the current financial crisis, John McCain wants to implement the same, failed Bush-McCain economic policies on our health care system. Full release

As part of its nonpartisan Every Woman Counts campaign to engage women in the political process, Lifetime Networks today announced the results of a national poll of women likely voters conducted by Republican pollster Kellyanne Conway of WomanTrend and Democratic pollster Celinda Lake of Lake Research Partners. According to the survey, neither Barack Obama/Joe Biden nor John McCain/Sarah Palin has secured a clear majority of women, the voting bloc that has decided every presidential election since 1968, and is poised to pick the next Oval Office holder. Obama/Biden garnered 47% to McCain/Palin's 45%. With less than two months to go until Election Day, 7% of women are firmly undecided. Full release

As the election approaches and the Bush presidency draws to a close, Alliance for Justice (AFJ) is hosting a symposium to examine the administration's legacy on the American legal system. The three-panel event -- Our Rights, Our Courts, Our Future -- will examine judicial selection and the future of the federal bench, current challenges to consumer protections, and recent abuses of presidential power. The symposium takes place on September 25 at the Washington Court Hotel on Capitol Hill from 9 a.m. to 1:30 p.m. Full release

The Republican National Committee (RNC) today launched new friend updates to its social networking Web site, http://www.BarackBook.com. The most recent friend updates include Barack Obama's notable associations with Dr. Eric Whitaker, who was recommended for his one-time job as director of the Illinois Department of Public Health by Obama through convicted felon Tony Rezko; and the Service Employees International Union (SEIU), a Big Labor organization that endorsed Obama and has spent over $9 million on his behalf this cycle. Full release

The report is a detailed analysis of the current state of the Latino community, with specific policy recommendations for the incoming administration and Congress. Also present will be national leaders from prominent Latino community organizations. Introductory remarks by Chair of the Hispanic Caucus and Congressmember Joe Baca (CA), Congressmember Raul Grijalva (AZ) and Fundacion Azteca America and Azteca America Chairman Luis J. Echarte. Also attending will be Congressmember John Dingell (MI). Full release

This is the WashingtonWatch.com federal legislative update for the week of September 22, 2008. The text of bailout legislation that might fly through Congress this week is circulating. It's discussed in the WashingtonWatch.com blog post: "Your Liability for the Bailout: $2,000 - Your Debt: $37,000" See it here: http://tinyurl.com/3foepw. This week, the Senate is scheduled to debate H.R. 6049, the Renewable Energy and Job Creation Act of 2008. The bill would amend tax law to renew a variety of expiring provisions, to create incentives for renewable energy investments, and to affect the treatment of income from deferred compensation and the allocation of business interest expenses. Full release

On Monday, September 22 at 2:30 PM, the day before John McCain and President Bush are expected in New York, State Comptroller Tom Dinapoli and New York City Comptroller Bill Thompson will hold a press conference to challenge John McCain's dangerous plan to remove key protections on the health care market and discuss what it means for Americans already struggling under disastrous Bush-McCain economic policies. Full release

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