Neal’s Reconciliation Plan Lets Investment Managers Keep Their Tax Loophole Richard Neal supported closing the carried interest loophole in 2007, then began receiving more donations from the securities and investment industry.
Democrats’ Budget Plan Would Cost Only Half of One Percent of GDP The Biden administration and Senate Democrats' $3.5 trillion spending plan would have a net cost of $1-1.75 trillion over 10 years, budget groups say, less than the costs of the Trump tax cuts of 2017.