Well-informed BMG folks: is this claim in a 6/14 New York Times editorial as bad as it sounds?
You heard right. Desperately needed unemployment benefits have been held hostage to a tax break for the rich, and the Senate’s Democratic leadership has had to delay and finagle to get its own caucus in line.
Many private equity mavens, venture capitalists and other partnerships have lobbied to keep as much of the loophole as they can. Most Republicans and some Democratic senators – including John Kerry of Massachusetts, Mark Warner of Virginia and Maria Cantwell of Washington – are doing their bidding.