News: Advancing American Freedom, a conservative think tank helmed by former Vice President Mike Pence, is lobbying Hill offices against a push to make gambling losses 100% tax-deductible.
Here’s the memo being circulated to congressional offices.
“Americans have the freedom to gamble on sports, but why should American taxpayers foot the tax bill for sports gambling?” the memo argues. “Congress should encourage a pro-growth tax code by declining to reinstate full expensing for gambling losses.”
As we’ve reported, gamblers are making a sustained pitch to Congress to make losses tax deductible, and there’s bipartisan support for the change.
News: Former Tennessee football coach Derek Dooley is entering the GOP primary to take on Sen. Jon Ossoff (D-Ga.). Dooley, a friend of Georgia Gov. Brian Kemp, plans to run as a political outsider who decided to enter politics after watching former President Joe Biden’s term, according to a source familiar with his plans.
Check out his launch video here.
Dooley joins a crowded Republican field that includes Reps. Buddy Carter (R-Ga.) and Mike Collins (R-Ga.).