Congress passes tax bill, ending dispute with EU
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WASHINGTON The US Senate gave final approval Monday to a bill that would resolve a long-running trade dispute between the United States and Europe, as well as hand out about $140 billion in corporate tax breaks.
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Congress approved a $145.9-billion package of tax relief Thursday that extends three popular middle-class tax cuts, giving President George W. Bush his fourth major tax victory since taking office.
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The House on Thursday passed a &#36;145.9 billion package of tax relief to extend three popular middle-class tax cuts, giving President Bush his fourth major tax victory since taking office.
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BRUSSELS After refusing its approval three weeks ago, Parliament voted Thursday in favor of a new European Commission, ending a period of uncertainty in European Union politics.
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The U.S. House of Representatives on Tuesday overwhelmingly approved a plan to give the U.S. economy a $146 billion election-year boost through tax rebates and other measures to stave off a possible recession by boosting business and consumer spending.
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The bill was approved by a 69-37 vote. It cuts taxes for businesses ranging from film companies to bow-and-arrow makers. It also closes tax loopholes and brings US exporters in line with international trade rules.
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US Senate and House of Representatives negotiators agreed on Wednesday on a huge corporate tax bill that will repeal export subsidies that violate global trade rules and give manufacturers a new tax break.
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European Union lawmakers finally approved a new executive commission, ending three weeks of limbo sparked by an unprecedented row over the line-up.
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The US Senate on Monday gave final approval to a sweeping corporate tax-break bill, the culmination of a two-year effort in Congress to end a trade dispute with the European Union over US export tax subsidies.
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WASHINGTON - The Senate on Sunday removed the last major hurdle stalling passage of the most sweeping overhaul of corporate taxes in nearly two decades.    By a 66-14 vote, lawmakers agreed to end the delaying tactics used by opponents of the tax bill...
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The House Ways and Means Committee yesterday approved a modest package of tax breaks for restaurants and small businesses that would be affected by an increase in the federal minimum wage, breaking a logjam with the Senate that has delayed passage of one of the Democrats' top legislative priorities.
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Just when lawmakers thought a thorny tax dispute was behind them, the European Union raised objections on Friday to parts of the $137 billion corporate tax bill that was passed last month.
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The European Parliament today finally approved Jose Manuel Barrosoâs revamped executive European Commission, ending a three-week political standoff that boosted the power of MEPs.
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Congress gave final approval Tuesday to a free trade agreement with Oman, ending months of debate over a deal that will have few economic effects but came to stand for growing differences over U.S. trade policy.
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WASHINGTON -- Congress Monday approved a $136 billion in new corporate tax breaks and a buyout for tobacco farmers as part of legislation that eliminates an export tax credit ruled illegal by the World Trade Organization.
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The EU commission acted to ease trade tensions with the United States, saying it would lift sanctions after US President George W. Bush approved a repeal of illegal corporate tax breaks.
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WASHINGTON - A major rewrite of corporate tax law that would end a nasty trade dispute with Europe won approval Wednesday from congressional negotiators after House Republicans beat back efforts to increase regulation of tobacco.