Statement of U.S. PIRG Tax and Budget Advocate Dan Smith on the passage of the Truth and Settlements Act (S. 1898), introduced by Senators Warren (D-MA) and Coburn (R-OK), by the Homeland Security and Government Affairs Committee.
Washington, D.C.-(ENEWSPF)- “U.S. PIRG applauds the Homeland Security and Government Affairs Committee for approving the bipartisan Truth in Settlements Act. Thanks to a loophole in the law, companies paying out-of-court settlements to federal agencies can often deduct part…
