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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...

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...

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...

Pascrell Votes to Send Americans $2000

| Posted in Press Releases

U.S. Rep. Bill Pascrell, Jr. (D-NJ-09), New Jersey’s only member of the House Ways and Means Committee, tonight praised the passage in the House of the Caring for Americans with Supplemental Help (CASH) Act (H.R.9051) to increase recently authorized Economic Impact Payments to $2,000 to help Americans survive during the pandemic. “The suffering of our nation is palpable and devastating,” said Rep....

Pascrell Supports Omnibus and Pandemic Relief

| Posted in Press Releases

U.S. Rep. Bill Pascrell, Jr. (D-NJ-09) today voted in favor of the Fiscal Year 2021 Omnibus and COVID bill put before the House of Representatives. The House passed a larger relief package that has been blocked by Senate Republicans for 219 straight days and a government funding package that was passed nearly five months ago. “It is unconscionable it took this long,” said Rep. Pascrell. “While thi...

Ways and Means Democrats Demand IRS Resolve All Outstanding EIP Inquiries Before the End of the Year

| Posted in Press Releases

Today, Ways and Means Democrats, led by Committee Chairman Richard E. Neal (D-MA) and Ways and Means Oversight Subcommittee Chairman Bill Pascrell, Jr. (D-NJ), demanded that the Internal Revenue Service (IRS) resolve all remaining inquiries on economic impact payments (EIPs) before the end of the year. In their letter to IRS Commissioner Charles Rettig, the lawmakers also requested that the IRS ke...

Pascrell Praises Yellen Nomination Intention, Reacts to Biden Administration Economic Policy Team

| Posted in Press Releases
Tags: Economy

U.S. Rep. Bill Pascrell, Jr. (D-NJ-09), Chairman of the House Ways and Means Subcommittee on Oversight, reacted to the announcement by President-elect Joe Biden of his intention to nominate the core of his economic policy team. That team includes Janet Yellen to be U.S. Secretary of the Treasury, Neera Tanden to be Director of the Office of Management and Budget, Wally Adeyemo to be Deputy Treasur...

Pascrell Calls for Federal Reserve to Reject Mnuchin Political Attack

| Posted in Press Releases

U.S. Rep. Bill Pascrell, Jr. (D-NJ-09) today wrote a third letter to Federal Reserve Chairman Jerome Powell calling on the Reserve to act with greater urgency to help the nation weather the pandemic. Pascrell again demands that the Reserve invoke Section 14(2)(b) of its charter to buy up more state and municipal debt to give communities greater flexibility to fight COVID-19, and urges the Reserve ...

Pascrell Supports New Pandemic Stimulus

| Posted in Press Releases

U.S. Rep. Bill Pascrell, Jr. (D-NJ-09) tonight voted in favor of the $2.2 trillion package of stimulus legislation to help beleaguered Americans survive the pandemic and prevent state and local governments from cutting critical resources. The House of Representatives passed the updated Heroes Act (H.R. 925) by a vote of 214-207. “Americans are suffering. Our nation is burning. Over 205,000 are de...

Pascrell Demands IRS Testimony

| Posted in Press Releases

U.S. Rep. Bill Pascrell, Jr. (D-NJ-09), the new Chairman of the Ways and Means Subcommittee on Oversight, today called on Internal Revenue Service (IRS) Commissioner Charles Rettig to testify before the panel next week to address several issues, including revelations of possible tax evasion and avoidance by Donald Trump. “To attempt to restore this trust you must first start by fulfilling the Comm...

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