Senate approves tax relief bill for manufacturers
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The Senate today passed a far-reaching, $136 billion corporate tax package that cuts taxes for businesses ranging from film companies to bow-and-arrow makers while closing tax loopholes and bringing US exporters in line with
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The House last night passed a sweeping rewrite of corporate tax law, a measure designed to end a trade war with Europe and shower $136 billion in new tax breaks on businesses, farmers, and other groups.
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The federal tax bill was approved by the Senate 69-17 after passing the House a week earlier by 280-41. Mr. Bush is expected to sign it, claiming it as support for the economy -- even though
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The House of Representatives on Thursday approved a huge corporate tax bill aimed at ending a trade dispute with the European Union while giving American manufacturers a new tax break.
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The Senate yesterday approved an amendment to energy legislation that would establish comprehensive vehicle fuel-economy standards for the first time since 1975, overcoming fierce opposition from the auto industry and Michigan lawmakers.
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The Senate cleared the way for an increase in the minimum wage Tuesday, but only with business tax breaks that House Democrats want removed.
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The tax bill passed last week that would reduce taxes at two military contractors by nearly $500 million over 10 years.
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The Democratic-led U.S. Senate voted overwhelmingly on Thursday to raise the federal minimum wage for the first time in a decade and provide billions of dollars in small-business tax cuts to help offset the cost.
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The Senate was poised today to vote on a bill that will provide $136 billion in new tax breaks for businesses and other groups and $10.
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The Senate resolved a dispute delaying passage of a corporate tax bill and two spending bills for disaster relief and homeland security.
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The U.S. Senate easily gave final  congressional approval on Monday to a huge corporate tax bill  that aims to end a trade fight with the European Union by  repealing U.S. export tax subsidies that violate global trade  rules.
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The US Congress has agreed in principle a huge corporate tax bill providing tax breaks for manufacturers in return for repealing export subsidies.
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Election year politics result in the passing of a multi-billion dollar tax cut package. The Senate overwhelmingly approved the measure 92-3 last night.
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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 Senate on Thursday approved and  sent to President George W. Bush legislation to shore up  beleaguered corporate pensions and stabilize the deficit-ridden  federal program that insures them.
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The US Senate cleared the way for passage of a bill that would replace a tax break for exporters ruled illegal by the World Trade Organization with $145 billion in tax cuts and payments
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WASHINGTON In an act of pre-election largess, US House and Senate negotiators have approved a sprawling corporate tax bill that would shower corporations and farmers in politically sensitive states with about $145-billion worth of new tax cuts.