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Walorski Pushes for New Repeal of Medical Device Tax; Ways and Means Committee Focuses on Obamacare Tax Relief

Congresswoman Jackie Walorski (IN-02) has brought forth legislation to suspend the medical device tax for five years. She joined Rep. Erik Paulsen (R-MN) in co-authoring the bill, H.R. 4617, which would delay the implementation of the 2.3% tax that was originally created through the Affordable Care Act. In 2017, Congress delayed the tax for two years, but without intervention [...]

2017-12-20T12:16:39-05:00December 20th, 2017|

Former White House Chief of Staff Reince Priebus to Headline Chamber’s Legislative Dinner

Reince Priebus believes the Republican Party could be in for a rough midterm election if leaders don’t follow through on two key campaign promises. Of health care and tax reform: “If you’re selling something continuously that you’re going to get it done, you’ve got to get it done. You can’t misrepresent,” says the former White House chief of staff. [...]

2017-12-20T12:36:12-05:00December 20th, 2017|

Congress Passes Landmark Tax Bill; Key Provisions Highlighted

It wasn’t a short or easy journey, but sweeping tax reform has been enacted! The U.S. tax code has not been updated since 1986. The House of Representatives, for example, has been working on comprehensive tax reform since January 2011. Over the last nearly seven years, there have been 41 House Ways and Means Committee tax reform hearings and [...]

2017-12-20T13:07:48-05:00December 20th, 2017|

More Hoosiers in Trump Administration; Other Delegation Briefs

Another Hoosier is headed to Washington, D.C. to work in the Trump administration. This week, President Trump announced his pick for Secretary for Health and Human Services: Alex Azar, a former Eli Lilly executive. A lawyer by trade, Azar has spent the past 10 years focusing his time on government health care regulation.The most recent secretaries of this agency [...]

2017-11-17T14:20:11-05:00November 17th, 2017|

Senator Young Pushes for Improved VA Efficiency

Senator Todd Young met this week with Secretary of Veterans Affairs David Shulkin at the U.S. Department of Veterans Affairs (VA) in Washington, D.C. to push for faster, more efficient claims processing in the VA. The meeting follows Young’s October visit to the Indianapolis Regional Office to highlight some of the department’s longest outstanding cases. “Secretary Shulkin is a [...]

2017-11-17T14:12:10-05:00November 17th, 2017|

Donnelly Part of Bipartisan Regulatory Relief Agreement for Banks

Senator Joe Donnelly has crafted and reached a bipartisan agreement to reduce regulatory burdens on community banks and credit unions while providing additional protection for consumers. Donnelly, a member of the Senate Banking Committee, stated, "This bipartisan regulatory relief package is an example of what we can achieve when we work together, and the result of good-faith negotiations with [...]

2017-11-17T14:09:06-05:00November 17th, 2017|

What’s Encouraging About Both Tax Reform Bills – But Still Long Way to Go

On Thursday, the House of Representatives passed its Tax Cuts and Jobs Act 227-205 along mostly partisan lines – though 13 Republicans (none from Indiana; all from California, New Jersey and New York) voted against it. Meanwhile, the Senate Finance Committee completed markup on its tax reform effort and moved that bill to the full Senate, where a vote [...]

2017-11-17T15:36:52-05:00November 17th, 2017|

Young: Crane Will Increase in Importance

In a guest column this week in the Bloomington Herald-Times (subscription required; full text below), Sen. Todd Young highlighted the importance of Indiana’s Naval Surface Warfare Center Crane and Crane Army Ammunition Activity. Senator Young recently hosted the commandant of the Marine Corps General Robert Neller at Crane to demonstrate its contributions to America’s national security. “At a time [...]

2017-11-10T11:58:53-05:00November 10th, 2017|

Holcomb Throws Support Behind Medical Device Tax Repeal; Donnelly and Young Recognize USS Indianapolis; Brooks Supports DACA Solution

- Governor Eric Holcomb penned a newspaper column last week on the importance of a permanent repeal of the medical device tax. As a reminder, this onerous tax burden, which was once delayed in 2016, will begin again January 1, 2018 unless the federal government intervenes. Holcomb wrote, “Beyond astounding medical breakthroughs, the medical device industry also supports high-wage [...]

2017-11-10T12:41:01-05:00November 10th, 2017|

House Committee Passes Tax Reform Bill; Senate Unveils Own Measure – Where Does Donnelly Stand?

On Thursday, the House Ways and Means Committee concluded its markup of the GOP tax reform bill (the Tax Cuts and Jobs Act) and voted along party lines to move the measure, 24-16. The core of the House bill reduces the number of individual tax rates, slashes the corporate tax rate and eliminates many deductions and credits. The bill [...]

2017-11-10T11:46:20-05:00November 10th, 2017|