Articles matching tag: Government
- Column: Bill To Eliminate Stadium Tax Benefits DOAJuly 6, 2017
Sound the trumpets, Congress has introduced yet another bill to eliminate the federal tax benefit of using municipal bonds to finance the construction of sports stadiums. Senators Cory Booker, D-N.J., and James Lankford, R-OK. are sponsoring a bill that would prohibit teams from using municipal bonds to help finance stadium construction. In a statement accompanying the introduction of their bill, Booker said, "Professional sports teams generate billions of dollars in revenue. There's no reason why we should give these multimillion-dollar businesses a federal tax break to build new stadiums. It's not fair to finance these expensive projects on the backs of taxpayers…"
- Column: Tax Exempt Status of The NFLOctober 5, 2014
If you’ve ever wondered why references to “Congress” are oftentimes preceded by the words, “do-nothing,” read on. In the wake of repeated reports of domestic violence committed by NFL players, New Jersey Senator Cory Booker introduced a bill designed to repeal the league’s tax-exempt status. As if that move doesn’t embarrass him enough, Booker included nine other professional sports leagues in his bill. Days later, three of Booker’s senatorial colleagues, no doubt as publicity starved as he is, introduced a second bill to scrap the NFL’s tax-exempt status because of the continued refusal of the Washington Redskins to change their name.
- Column: Congressional Bonding Through BaseballNovember 18, 2013
Can baseball foster cooperation between Democrats and Republicans and end the bickering and gridlock that permeates Congress today? Maybe not, but two members of Congress are intent on giving it a try. Roger Williams, a freshman Republican Congressman from Texas, along with fellow Congressman Mike Doyle, a ten-term Democratic legislator from Pennsylvania, have formed the first-ever Congressional Baseball Caucus. The group’s purpose is to transfer the relationship members of Congress enjoy on the field of play during the annual Congressional Baseball Game (CBG) to the halls of Congress. Williams was the coach of this year’s Republican team and Doyle was team manager for the Democrats.
- Column: Congress Attempts to Regulate NCAAAugust 26, 2013
Several members of the House of Representatives recently introduced a bill designed to regulate the NCAA in a number of respects. Representatives Charles Dent (R-Pennsylvania) and Joyce Beatty (D-Ohio) are the primary sponsors of the NCAA Accountability Act, designed to protect student-athletes from the heavy handed actions of the NCAA. Among other things, the bill would require the NCAA to establish annual baseline concussion tests for athletes; mandate irrevocable four-year scholarships for athletes participating in contact/collision sports regardless of their skill or injury; prevent an institution from implementing a policy that prohibits paying stipends to college athletes; and guarantee that athletes have the opportunity for a formal administrative hearing along with other due process rights prior to being punished for violating NCAA rules.
- Post: Feds Join Armstrong SuitFebruary 23, 2013
The Justice Department has decided to join Floyd Landis’ suit against disgraced cyclist Lance Armstrong.
Landis filed his suit under the False Claims Act, which allows private citizens to act as whistle-blowers and sue to recover money allegedly obtained from the federal government through fraud. If successful, the plaintiff is allowed to keep up to 30% of the amount recovered if the government elects not to join in the action and up to 25% if the government joins the suit.
The addition of the government adds some firepower to Landis’ claims. He no longer has to finance the suit out of his own pocket and thanks to taxpayers, the government’s resources are unlimited. But that doesn’t mean the suit is now a slam dunk. There are a number of legal and evidentiary hurdles the government must overcome, including whether the U.S. Postal Service – the agency that sponsored Armstrong’s cycling team – was damaged by Armstrong’s use of PEDs. Armstrong’s attorneys maintain that the USPS received more than a $100 million in publicity during the years Armstrong was winning the Tour de France. That figure is significant because although the USPS paid $30 million to sponsor Armstrong’s team, the False Claims Act allows the plaintiff to recover treble damages.
This is a suit that cries out for a settlement. Armstrong still has his supporters and selecting an impartial jury will be problematic. On the other hand, Armstrong can’t afford a judgment that could wipe out his fortune, not after losing all of his sponsors when the United States Anti-Doping Agency issued its scathing report last fall that claimed the cyclist lied for years about his drug use.
- COLUMN: The Roger Clemens VerdictJune 25, 2012
The verdict is in and Roger Clemens was acquitted on all six charges of obstruction and lying to Congress. Surprised? Not me. The government’s case relied primarily on the testimony of an individual, Brian McNamee, who is every bit as flawed as Clemens himself.
- COLUMN: Draft Rules Upset BorasJune 18, 2012
Super agent Scott Boras is in a tither over MLB’s new draft rules and the reason is simple: He may no longer be able to game the system and negotiate huge bonuses for his clients.
- COLUMN: Government Closes Armstrong InvestigationFebruary 6, 2012
Whoever said you can’t teach an old dog new tricks, wasn’t referring to the federal government. Last week federal prosecutors announced they were abandoning their almost two-year investigation of seven-time Tour de France winner Lance Armstrong on doping-related charges.