Sen. John Kerry (D-Mass.) got part of his Military Family Bill of Rights legislation in the Senate’s just passed emergency tax relief measure for persons affected by Hurricane Katrina. Kerry’s provision offers tax relief to employers of members of the National Guard and Reserve. The tax relief equates to an employee retention credit, providing a 40 percent tax credit for wages paid up to $6,000 after Aug. 28 and before Dec. 31. The Senate and House are in conference resolving differences of their respective bills.
The first flight of the secretive B-21 bomber has slipped to mid-2022, but the program is moving along well, Air Force Rapid Capabilities Office director Randall Walden said in an exclusive interview. The second copy of the B-21, which will be used for structural testing, is now on the production…