Washington, Sept. 16 -- Congresswoman Susie Lee issued the following press release:
WASHINGTON, D.C. - Today, the House Ways and Means Committee passed the FULL HOUSE Act, led by Congresswoman Susie Lee (NV-03)and Congressman Steven Horsford (NV-04).The legislation would restore the long-standing rule allowing the full deduction of gaming losses against winnings.
"Last summer, Republicans limited the gambling loss deduction in their so-called Big Beautiful Bill to help pay for tax cuts for the wealthy. Meanwhile, our workers and small businesses pay the price. Nevadans have been clear: you shouldn't pay taxes on money you never earned - that's exactly why we fought to reverse this harmful provision," said Congresswoman Susie Lee."I'm glad...