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In 2009, in response to the Great Recession, Congress suspended the IRA required minimum distribution rules (the RMD holiday) for one year for older taxpayers (70 and a half or older) so they could keep their money in the account and let it grow tax-deferred.
FORBES: IRA Penalty Relief For Great Recession Hardship Withdrawals Proposed
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Once a close ally of the Nehru-Gandhi dynasty that heads Congress, Natwar Singh has been suspended from the party, and seems poised to join a smaller left-wing party, Samajwadi.
ECONOMIST: India
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The newly elected Republican Congress turned right around and repealed that act and suspended the Supreme Court for more than a year.
NEWYORKER: Benched
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The ruling Congress party in India's Assam state has suspended a politician accused of rape after he was set upon and beaten by crowds in a village.
BBC: India
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Congress has made it clear that it wants mark-to-market suspended or abolished, but the SEC and the Treasury Department still refuse to meaningfully modify it.
FORBES: Magazine Article
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Meanwhile, the digerati claimed victory in a campaign to delete a pair of bills from Congress's agenda that would clamp down on online piracy, after congressional leaders suspended further debate on the issue.
ECONOMIST: Business this week
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Congress has made its intent clear: It wants mark-to-market scrapped or at least suspended for a good, long time.
FORBES: Magazine Article