Pot Taxes Giving States a Revenue High (The Fiscal Times)

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    Pot Taxes Giving States a Revenue High – By Yuval Rosenberg and Michael Rainey (The Fiscal Times) / April 25, 2022

    Guess who’s back? Lawmakers return to Capitol Hill this week. Here’s a preview of what’s sure to be a busy couple of months ahead.

    Dems Face a ‘Make or Break Moment’ for Their Agenda
    Congress is back from its Easter recess this week, with lawmakers set to pick up a number of fights left unresolved before the break. As the days before the midterm elections dwindle, these weeks leading up to Memorial Day are likely to determine whether Democrats have any realistic chance of passing major portions of their agenda this year.

    Among the issues they’ll look to address: a stalled package of additional pandemic funding and their package of climate change programs, social spending and tax reform.

    Covid funding: A group of senators reached a bipartisan deal earlier this month to provide another $10 billion to fight the coronavirus, but that legislation got delayed after Republicans insisted on a vote on an amendment prohibiting the administration from ending Title 42, a Trump-era immigration policy that allows for the expulsion of migrants at the border and limits the ability of migrants to seek asylum. A number of Democrats have joined in expressing concern about lifting Title 42, leaving party leaders in a bind: If they allow the vote on the amendment, it would likely pass the Senate, which would imperil the whole package in the Democratic-controlled House. If they don’t allow the amendment vote, the Covid funding that the White House has said is urgently needed could stall out.

    CONTINUE > https://www.thefiscaltimes.com/newsletter/20220425-Pot-Taxes-Giving-States-Revenue-High

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