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Pascrell Op-ed: Private Equity’s Growing Control of Health Care Endangers the Underserved

| Posted in Press Releases

PATERSON, NJ – U.S. Rep. Bill Pascrell, Jr. (D-NJ-09), the Chairman of the House Ways and Means Subcommittee on Oversight, has an op-ed on Wall Street’s growing control of the health care industry, particularly in nursing homes and long-term care facilities. The piece in the Bergen Record of New Jersey builds on Pascrell’s March 25 oversight hearing highlighting how private equity-owned facilities... Read more »

Pascrell, Menendez Highlight Student Loan Debt Crisis on Montclair State Campus

| Posted in Press Releases

U.S. Rep. Bill Pascrell, Jr. (D-NJ-09) and U.S. Sen. Bob Menendez (D-NJ) today were joined by students, administrators, and higher education advocates at Montclair State University to highlight the student loan debt crisis. A provision in the American Rescue Plan authored by Pascrell and Menendez paves the way for President Biden would make college loan forgiveness tax-free and eliminate thousands... Read more »

Pascrell Reintroduces Bring Jobs Home Act

| Posted in Press Releases

U.S. Rep. Bill Pascrell, Jr. (D-NJ-09), New Jersey’s only member of the tax-writing House Ways and Means Committee, today reintroduced the Bring Jobs Home Act, legislation which seeks to cut taxes for American companies that move jobs to the U.S. from another nation, and also would close tax loopholes that reward companies shipping jobs overseas. The legislation is sponsored by Reps. Pascrell, Tom... Read more »

Pascrell Votes for Historic American Rescue Plan

| Posted in Press Releases

U.S. Rep. Bill Pascrell, Jr. (D-NJ-09) today voted emphatically for passage of the American Rescue Plan, comprehensive relief and stimulus legislation put forth by Democrats to confront the dual threats of the continuing pandemic and its economic fallout. “At moments of enormous national crisis, government has risen to the moment. The American Rescue Plan does so once more,” said Rep. Pascrell. “T... Read more »

Pascrell, McHenry Reintroduce Legislation to Encourage Medical Supplies Made in America

| Posted in Press Releases

U.S. Reps. Bill Pascrell, Jr. (D-NJ-09) and Patrick McHenry (R-NC-10) today re-introduced their American PPE Supply Chain Integrity Act. As the United States has contended with devastating shortages since the beginning of the pandemic, this bipartisan legislation will help end America’s over-reliance on personal protective equipment (PPE) and medical supplies from China and other foreign nations. ... Read more »

Pascrell Supports Historic Stimulus

| Posted in Press Releases

U.S. Rep. Bill Pascrell, Jr. (D-NJ-09) today voted in favor of H.R. 1319, the American Rescue Plan, comprehensive relief and stimulus legislation put forth by Democrats to confront the dual threats of the continuing pandemic and its economic fallout. “At few moments in American history has decisive action been more necessary. Americans have awarded Democrats with full control of the government to ... Read more »

Pascrell, Levin, Porter Move to Close Infamous Tax Loophole Favored by Wall Street Bankers

| Posted in Press Releases
Tags: Economy

Today, U.S. Rep. Bill Pascrell, Jr. (D-NJ-09), the Chairman of the House Ways and Means Subcommittee on Oversight, and Reps. Andy Levin (D-MI-09) and Katie Porter (D-CA-45) unveiled the Carried Interest Fairness Act of 2021 (H.R. 1068), legislation to close one of the most egregious loopholes in the federal tax code. “Over the last four years, our tax system has continued to become more unfair. Ou... Read more »

Pascrell Lauds Movement of Nearly $1 Trillion in COVID Relief

| Posted in Press Releases

U.S. Rep. Bill Pascrell, Jr. (D-NJ-09) today marked the work of the House Ways and Means Committee this week approving nearly $1 Trillion of President Biden’s emergency COVID-19 relief package following two days of marathon hearings. “The work our committee undertook this week may be the most important step in our fight against this virus,” said Rep. Pascrell. “Americans are suffering grievously a... Read more »

Pascrell Reintroduces Repeal of Republican Middle Class Tax Hike

| Posted in Press Releases
Tags: Economy

U.S. Rep. Bill Pascrell, Jr. (D-NJ-09), New Jersey’s only member of the tax-writing House Ways and Means Committee, today reintroduced his updated legislation to fully repeal the federal cap on state and local tax (SALT) deduction imposed by the Trump Tax Law of 2017. “This year, middle class Americans are being squeezed like lemons not just by the pandemic, but the GOP tax scam which raised their... Read more »

Pascrell Releases Treasury Response to Urgent Call for Report on Faulty IRS Notices

| Posted in Press Releases
Tags: Economy

The U.S. Treasury Inspector General for Tax Administration (TIGTA) has responded to an urgent inquiry from Rep. Bill Pascrell, Jr. (D-NJ-09), seeking information on erroneous notices sent out by the Internal Revenue Service (IRS). On December 22, Pascrell wrote to TIGTA J. Russell George seeking a review of potentially 11 million erroneous notices being printed or sent by the IRS, and last week re... Read more »

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