Jason Smith: “That is not my understanding.”

After years of elevated borrowing costs, a rate increase is the opposite of the relief families and small businesses need.

After months of delay, I am disappointed but not surprised to see yet another attempt by tax-exempt organizations connected to Shanghai Singham to evade scrutiny.

Faith-based organizations should not have their tax-exempt status threatened by federal regulators that disagree with one set of religious beliefs or another.

It is clear the status quo is unacceptable. Tax-exempt status is a privilege, not a right.