Reporter @tax covering Congress • Adjunct data/websites @merrillcollege • Was @RollCall @Newsobserver • 💔 NC sports.
Joined September 2013
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2,371 Photos and videos
Chris Cioffi retweeted
Congress may finally be ready to take another look at the 340B drug discount program…
Some nuggets from my story:
-A new bipartisan House group is crafting 340B proposals that should be released soon
-Senate’s 340B group also releasing new paper soon
news.bgov.com/bloomberg-gove…
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Chris Cioffi retweeted
Jun 15
The technology Hurricanes fans are using to watch their team play in Vegas 👀
(via @Canes)
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Jun 15
Time to park the bus-si
Jun 15
How's the heart rate, y'all?
ALT The Canes lead the Knights 1-0 after the first period
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Jun 14
That was exciting
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Jun 10
NEW: IRS CEO Frank Bisignano could face questions from lawmakers on whether taxpayers who first got letters instead of automatic refund checks have been made whole during testimony in front of a House panel.
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Jun 10
NEW:Top Democrat on the House tax writing panel Richard Neal says he’s in no rush to enact bipartisan cryptocurrency tax legislation, even as Republicans move to forge bipartisan buy-in.
“I don’t see us doing a bipartisan bill before the election,” he said
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Las Vegas took a hit in the first year of Trump’s term with a sharp drop in tourism, blunting the financial impact of the president’s “no tax on tips” policy. Now voters are headed to the polls in a primary election that could have an outsized impact this fall. @reilly_cait reports bloom.bg/43WDRZI
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Chris Cioffi retweeted
Jun 8
President Donald Trump is barreling toward the midterm elections with a vulnerability that’s something new in his political life: Voters are losing faith in the Trump economy.
@josh_wingrove @mniquette @reilly_cait
bloomberg.com/news/articles/…
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NEW (with @reilly_cait) Taxpayers can report aggregate digital asset gains and losses under legislation floated by the Ways & Means Committee. It's expected to drop 7 bills ahead of a crypto tax hearing next week. Topics include mining/staking/donations.
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Chris Cioffi retweeted
Next week, the Ways and Means Committee will be holding a hearing to examine legislation to deliver much needed, commonsense reforms to the digital asset marketplace.
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Initial questions - WaysCoin? MeansCoin? @JasonSmithMO-Coin?
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Cryptic Crypto:
Bessent said "Let's get CLARITY done by the 4th of July and then we move on," to crypto tax.
Rep. Max Miller said he'd love that but needed help "with some of those individuals" to move the CLARITY Act
"I've been on the phone with them this week," Bessent said
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NEW: Countries should abandon digital services taxes and pursue a multilateral approach to the digital economy or risk US-led trade or tax retaliation, according to a bipartisan House resolution from Reps. Ron Estes and Suzan DelBene
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Bessent on 'anti-weaponization' fund and Trump audit immunity:
“President Trump is a great American who has endured over 10 years of harassment and weaponization from all levels of government...No American should be targeted for political reasons.”
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Chris Cioffi retweeted
Jun 4
The Republican-controlled House Committee on Appropriations approved legislation 34 to 27 to fund transportation and housing programs for the fiscal year that begins in October. news.bgov.com/bloomberg-gove…
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Chris Cioffi retweeted
Jun 3
GOP Ends Blockade After Trump Concedes on Ballroom, Payout Fund bloomberg.com/news/articles/…
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Chris Cioffi retweeted
The #Senate adopted the motion to proceed to S.2, the reconciliation bill on a party line vote of 53-46.
Not voting: Bennet.
There are now up to twenty (20) hours of debate; equally divided.
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Treasury Secretary Scott Bessent dodged most questions related to the $1.8 billion “anti-weaponization” fund and immunity from audits for President Donald Trump. But said he didn’t have advanced knowledge that Trump would file a lawsuit against the IRS.
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“I need it dead, dead,“ said Sen. John Curtis.
ICYMI - Some Senate Republicans are criticizing an agreement giving President Trump audit immunity, something that's gotten renewed attention after the White House abandoned an “anti-weaponization” fund.
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