Skadden, Arps partner Pamela Olson, who until early this year was Treasury's tax policy chief, says one way to pay for a fix is to cap how much taxpayers can deduct for state and local taxes on their regular tax return.
The carried interest change was pushed through by House Democrats as a way to help pay for a fix to the tax law that will keep an extra 21 million Americans from having to pay the alternative minimum tax (AMT) in 2007.
After paying for a number of fixed costs, like debt service and education expenditures, only 7percentto10percentcent of the budget is left over for discretionary spending.
Enough with the teenage mother who smoked a joint, the jewelry salesman who loitered past midnight in a park or the multiply pierced young woman who stole a ham to pay for a heroin fix.
In Congress, they have embraced "pay as you go" rules, which require lawmakers to pay for the cost of tax cuts with either tax increases or spending cuts, but the Democratic presidential candidates have yet to explain how they would simultaneously pay for a permanent fix to the A.M.T., an extension of Mr. Bush's tax cuts for the middle class, and their own plans for universal health care.
There remains a dispute over how to pay for a permanent fix.
A moderately healthy, nonsmoking 40-year-old woman pays, for example, a fixed $425 a year for a $500,000 policy over the next 20 years.
For vehicles out of warranty, Honda may offer, at the discretion of the district service manager, some help paying for the fixes.
Rather than pay for a seat, passengers pay a fixed price per kilogram, which varies depending on the route length.
I went home and paid for a much-needed air conditioner fix for my house, a few new dresses and an outrageous pair of sexy, strappy shoes.
