Sequestration Scheduled to Begin Friday
The massive federal spending cuts that face almost every U.S. government agency are set to begin Friday, March 1, 2013. These automatic across-the-board cuts, referred to as “sequestration,” will total $1.2 trillion over 10 years. [...]
H-2B Workforce Coalition Releases Principles for Immigration Reform
On February 20, the H-2B Workforce Coalition delivered the H-2B Workforce Coalition Principles for Comprehensive Immigration Reform to Capitol Hill. This document was created with input from Thoroughbred racing and other industries that rely on [...]
Featured Legislator: U.S. Representative Andy Barr (R-KY)
District: Kentucky’s 6th in Central and Eastern Kentucky – home to the city of Lexington, Keeneland Race Course, Fasig-Tipton Sale Company and hundreds of Thoroughbred farms. Status: Elected as a freshman Congressman last November. He [...]
Immigration Reform Focus in Washington
Comprehensive immigration reform proposals are being circulated on Capitol Hill and the future of the H-2B visa program may be impacted during the process. In the horse racing industry, trainers regularly utilize the H-2B visa [...]
Immigration Reform Focus in Washington
President Obama and a bipartisan group of U. S. Senators have begun to focus on immigration concerns at the start of the new Congress. This may signal a big year for a policy matter that [...]
Wagering Losses Exempt from New Limit on Deductions
Following targeted lobbying from the National Thoroughbred Racing Association (NTRA), “Fiscal Cliff” legislation passed yesterday by both the U.S. Senate and U.S. House of Representatives contained language in Section 68 (c)(3) of the tax code [...]