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SUNDAY, NOVEMBER 8, 2009
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NEWS ABOUT: House Ways and Means Committee

House Ways and Means Committee stories: 11 news summaries

Dems Block Move to Oust Rangel From
Tax Post

GOP keeps his ethics trouble in spotlight

(AP) - House Republicans failed today for a third time to oust Charles Rangel as chairman of the Ways and Means Committee—but they kept the spotlight on his ethical problems. Instead of removing him, the House voted 246-153 along mostly partisan lines to refer the GOP resolution to the House ethics... More »

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House of Representatives Democrat Charles Rangel House Ways and Means Committee House Ethics Committee

13 Bailed-Out Banks Owe
Back Taxes

Lawmaker uncovers total of at least $220M  in unpaid bills

(Newser) - At least 13 of the firms that got billions of dollars from the federal government owe back taxes, and their tab exceeds $220 million, Rep. John Lewis said today. What's more, that could be just the tip of the iceberg, the AP reports. The House Ways and Means subcommittee, which... More »

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House Ways and Means Committee John Lewis Troubled Asset Relief Program TARP back taxes

ANALYSIS

Top Dem Dogs Ready to Retool Obama's Budget

Prez lets lawmakers take the lead—and they have their own ideas

(Newser) - To clear Congress, President Obama’s budget is going to have to survive committee turf wars and parochial interests—and that’s just the Democrats. The New York Times reports that key committee chairmen in the House and Senate have ideas of their own on health care, energy, and taxes.... More »

Rangel Inquiry Expands to Donor Concerns

Rep. faces allegations he fought tax loophole in funding tradeoff

(Newser) - A House ethics committee broadened its probe into Charles Rangel over concerns the New York Democrat fought a tax loophole in exchange for a $1 million donation to his policy institute. The subcommittee has been investigating Rangel’s personal finances since September over several other corruption allegations; now, it looks... More »

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Congress investigation Charles Rangel donation House Ways and Means Committee payoffs House Ethics Committee Eugene Isenberg Nabors

Rangel Won't Step Down
From Tax Panel

Says Pelosi in favor of him staying as chair
of Ways and Means

(Newser) - New York Rep. Charles Rangel will remain in his post as chairman of the House Ways and Means Committee while an ethics investigation takes place, the New York Times reports. House Speaker Nancy Pelosi supports the move, said his attorney, and Rangel "believes that the facts should prevail,... More »

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ethics Nancy Pelosi Congress Charles Rangel House Ways and Means Committee political scandal chairman

Pelosi Asks Rangel to Step Down as Tax Panel Chair

Tax committee boss dogged by questions over own returns

(Newser) - House Speaker Nancy Pelosi has privately asked New York Rep. Charles Rangel to step down as chairman of the House Ways and Means Committee after it emerged that his personal tax filings neglected to report income from a rental property for some 20 years, says a source to the New ... More »

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Nancy Pelosi Congress Charles Rangel House Ways and Means Committee political scandal tax records

 'Language Barrier', 
 Not Tax Evasion: Rangel 

Powerful congressman sorry for screw-up

(Newser) - Rep. Charles Rangel blamed his failure to pay taxes on his rental income from a Caribbean villa to “cultural and language barriers,” reports the New York Times. “Every time I thought I was getting somewhere, they’d start speaking Spanish,” Rangel said of his attempts to... More »

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taxes tax evasion Charles Rangel Dominican Republic House Ways and Means Committee tax dodge Villa political scandal

Rangel Didn't Pay Taxes on Dominican Villa

Chief of tax-writing panel fails to report $75,000 in income

(Newser) - Rep. Charles Rangel, chairman of the tax-code-writing Ways and Means Committee, failed to report more than $75,000 in rental income from a Dominican villa he purchased in 1988, the New York Times reports. But Rangel never noticed the error, his lawyer says, because his wife handles his finances.... More »

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tax evasion Charles Rangel House Ways and Means Committee Villa political scandal

Rangel Denied Chance to Speak in Denver

Clinton ally sees it as snub

(Newser) - Charles Rangel won’t be speaking at the Democratic National Convention, Politico reports. Representatives made a pitch for an address by the House Ways and Means Chairman, but the Obama campaign told them that Rangel’s early support for Hillary Clinton had given him low priority—even though the congressman... More »

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Barack Obama taxes Democratic National Convention Charles Rangel House Ways and Means Committee campaign speech Hillary Clinton supporters DNC

Rangel's Fundraising for 'Me' Monument Questioned

Solicits cash from firms linked to his panel

(Newser) - New York Rep. Charles Rangel has raised eyebrows with fundraising efforts for a new center Republicans labeled his “Monument to Me.” After securing a $1.9 congressional earmark, Rangel is soliciting money from firms affected by his House Ways and Means Committee to build the Charles B. Rangel... More »

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Congress New York City earmarks Charles Rangel fundraiser House Ways and Means Committee political scandal conflict of interest

Blackstone Lobbying Backfires

Private equity firms ‘overreach’ with claim they help the poor

(Newser) - Private equity firms launched their first coordinated effort at lobbying this year—and overshot by a long stretch, Bloomberg reports. Blackstone and 11 other firms joined hands to fight a tax hike on carried interest—fund managers' share of profits—and have gone so far as to argue that the... More »

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Magic Johnson Charles Rangel lobbying Blackstone House Ways and Means Committee Private Equity Council

11 Stories