House Committee On Ways And Means Hearing
The hearing focused on Treasury Department priorities, including inflation and the impact of the conflict on energy prices. Key topics included the potential for a more robust universal form to monitor tax-exempt organizations' societal obligations, the issuance cadence of Treasury bonds amidst debt management concerns, and the status of delayed tax refunds. Additionally, the committee discussed the expansion of the Affordable Housing Tax Credit, efforts to prevent foreign involvement in companies receiving the 45X tax credit, and pushback against digital service taxes imposed by other nations.