The Center for Public Integrity: Tax Breaks: The Favored Few

Number 28370
Subject Taxes
Source The Center For Public Integrity
State
Year 2018
Publication Date March 13, 2018
Summary In February 2018, Congress passed a massive budget bill, and President Donald Trump signed it. It provided new money for the military. It funded disaster relief efforts. And it raised the nation’s “debt ceiling” — allowing the government to secure new loans. While these provisions grabbed headlines amid the chaos of what was, at best, a slapdash scramble to pass a budget and avert another government shutdown, a gaggle of goodies, benefiting a bevy of special interests, slipped into the bill’s 652 pages almost unnoticed. These goodies are called “tax extenders.” Seeing an opportunity to boldly tell an effectively untold tale, the staff of the Center for Public Integrity endeavored to explain how every tax extender — more than 30 in all — came to fruition and reveal how lobbyists gamed the political system and squeezed $16 billion worth of special favors from it. This project represented a rare example of deep investigative reporting on Congress. While hundred of reporters cover what Mitch MCConnell and Nancy Pelosi said yesterday, very few unravel how the institution of Congress is corrupted.
Category Contest Entry
Pages
Keywords The Center for Public Integrity, Donald Trump, military, disaster relief, debt ceiling, government, special interests, tax break, tax extenders
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