Tuesday, November 27, 2007

LAT fails to report Congress' failure to act on AMT

The IRS Oversight Board sent a letter to Congress yesterday urging action on an AMT patch and explaining the consequences of further delays, which include IRS's inability to process returns. You would think Harry Reid and Nancy Pelosi would sense the urgency and get the work done. But Harry is off on a junket to South America and Nancy may be babysitting her grandchildren. Not wanting to embarrass Congressional Democrats, the LAT shows no interest in reporting this fiasco.

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