Senator John Cornyn

@JohnCornyn ↗

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Last Checked May 18, 2021

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Mon Dec 21 13:48:59 +0000 2020

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Senator John Cornyn @JohnCornyn

The provision would save businesses about $200 billion, according to an estimate from Adam Looney of the Brookings Institution. But it doesn’t count as part of the overall cost of the legislation. — PolitiTweet.org

Posted Dec. 21, 2020 Hibernated

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Senator John Cornyn @JohnCornyn

Businesses that received PPP loans would be able to take tax deductions for the expenses covered by forgiven loans, overcoming objections from Treasury Secretary Steven Mnuchin. — PolitiTweet.org

Posted Dec. 21, 2020 Hibernated

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Senator John Cornyn @JohnCornyn

The Congress's Joint Committee on Taxation scored this a zero cost in this bill as it included this in their score of the #CARESAct last March. — PolitiTweet.org

The provision would save businesses about $200 billion, according to an estimate from Adam Looney of the Brookings… https://t.co/fQXE2uOKh6

Posted Dec. 21, 2020 Hibernated