A bill that would establish an exemption to FATCA for U.S. citizens living and working outside of the U.S. has failed to be included as an amendment to the National Defense Authorization Act, according to reports. 

New York Democratic Representative Carolyn Maloney has formally re-submitted a bill that would establish an "exemption" to FATCA for U.S. citizens living and working outside of the U.S. – but this time, as an amendment to the National Defense Authorization Act. 

American expats who vote in Manhattan and who didn't manage to catch last week's 90-minute online panel discussion with three Democratic candidates who are vying for the 12th District's seat in the U.S. House of Representatives may wish to do so now, as the Democrats Abroad's Taxation Task Force has posted it online. 

Perhaps not surprisingly – given how many New York-based companies, universities and individuals have overseas outposts (or in the case of people, family members who live overseas) – New York City's 12th District has one of the largest concentrations of Democrats living abroad.

As news broke on Tuesday that four members of the U.S. House of Representatives had co-signed a letter to House Ways & Means Committee Chairman Richard Neal, in which they asked that a simplified, "short form" tax return be provided to American citizens who file their U.S. taxes from abroad, some expat campaigners and advocacy organizations insisted that such a simplification would not be enough.