Summer Olympics

House Panel to Consider Tax Exemption for Olympic Medal Winners
Ways and Means Committee will mark up bill in September

A Brazilian soldier keeps watch in front of the Olympic beach volleyball stadium in Rio de Janeiro. (Mario Tama/Getty Images)

The House Ways and Means Committee will mark up a bill in September that would provide a tax exemption for Olympic athletes who won medals or other prizes at the games in Rio de Janeiro this summer.

The bill, sponsored by Republican Reps. Robert J. Dold of Illinois and Blake Farenthold of Texas, is the House companion measure to a bill the Senate passed earlier this year. 

Clinton Campaign Readying National Olympic Ad Blitz
High seven-figure network and cable advertising campaign

A senior Hillary Clinton campaign official said a big national ad buy during the Olympics is an effort to meet voters where they are. (Tom Williams/CQ Roll Call)

Hillary Clinton is planning a massive television ad buy during the Olympics, on the heels of accepting the Democratic nomination for president next week in Philadelphia.  

Hillary for America has reserved time for a high seven-figure national network and cable advertising campaign during the Summer Olympics, which begin August 5, according to a senior campaign official.