Titus’ Gambling Deduction Plan Rejected as NDAA Amendment
Representative Dina Titus of Nevada has once again failed in her attempt to reinstate the full gambling loss deduction, this time through the annual National Defense Authorization Act (NDAA). The House Rules Committee, controlled by Republicans, rejected her proposal to attach the Fair Accounting for Income Realized from Betting Earnings Taxation (FAIR Bet) Act to the 2026 defense spending package. […]
Representative Dina Titus of Nevada has once again failed in her attempt to reinstate the full gambling loss deduction, this time through the annual National Defense Authorization Act (NDAA). The House Rules Committee, controlled by Republicans, rejected her proposal to attach the Fair Accounting for Income Realized from Betting Earnings Taxation (FAIR Bet) Act to the 2026 defense spending package. […]
