House Passes Corporate-Tax Bill
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WASHINGTON -- The House last night passed a massive business-tax bill aimed at settling a trade dispute with the European Union and propping up domestic manufacturers.
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The House yesterday overwhelmingly approved a modest package of tax breaks for restaurants and small businesses, moving Congress one step closer to approving the first increase in the federal minimum wage in nearly a decade.
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Union construction workers would gain a hiring advantage for more projects under legislation the House passed Friday, the latest in a series of pro-labor measures by Democrats that President Bush has promised to veto.
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A major rewrite of corporate tax law that would end a trade dispute with Europe won congressional negotiators&#39; backing yesterday after House Republicans beat back efforts to increase tobacco regulation.
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A huge tax bill that Congress passed last week contained a little-noticed gift for select corporations -- tens of millions of dollars in breaks on import tariffs.
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WASHINGTON A corporate tax bill that would end a trade war with Europe and shower more than 140 (b) billion dollars in tax breaks on American companies is nearing congressional approval.
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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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The House of Representatives on Friday passed a bill to overhaul the nation's patent system, overcoming objections by many Republicans, small inventors and some labor unions.
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The House today overwhelmingly approved a $146 billion shot in the arm for the nation's ailing economy, sending a stimulus package to the Senate with a bipartisan appeal to senators not to slow the bill with significant changes.
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Union construction workers would gain a hiring advantage for more projects under legislation the House passed Thursday, the latest in a series of pro-labor measures by Democrats that President Bush has promised to veto.
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WASHINGTON - The Senate passed a far-reaching, $136 billion corporate tax package Monday that cuts taxes for businesses ranging from film companies to bow and arrow makers while closing tax loopholes and bringing U.S. exporters in line with international trade rules...
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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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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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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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President George Bush Friday, without ceremony, signed into law a $136 billion US corporate tax cut bill. The bill gives tax breaks to a range of businesses from farmers to Hollywood producers to large corporations.
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The Senate, after a weekend of behind-the-scenes negotiations, struck a deal to allow passage of a sweeping corporate tax bill and spending measures for disaster relief and homeland security.
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The US 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 US export