Congress Passes Middle-Class Tax Cuts
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WASHINGTON - Congress on Thursday approved a $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.    The Senate approved the measure 92-3 Thursday night less than an hour after it cleared the House by a similarly lopsided 339-65...
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Congress is now poised to hand  President Bush an election-year tax cut victory after Senate  and House of Representatives negotiators on Wednesday night  agreed to extend popular tax breaks for children and couples  for five years.
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The US Congress on Thursday agreed to extend popular tax cuts for children and married couples, giving President Bush an election-year victory on his core economic issue.
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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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House-Senate negotiators late Wednesday approved extending three popular middle class tax cuts and Republicans, anxious to get the bill to President Bush, predicted swift passage in both chambers of Congress. The conference panel approved the bill after overriding objections from Democrats who said the tax cuts should be paid for by tax increases in other areas, limiting its impact on the government soaring budget deficit.
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The House, by a vote of 280 to 141, gave final approval last night to a far-reaching tax bill that provides a rich array of breaks to manufacturing companies, energy producers and small businesses and underwrites a $10 billion buyout of American tobacco
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The bill approved today by the House and Senate would sharply cut subsidies to lenders and increase grants to needy students.
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WASHINGTON Sept. 24, 2004 - Legislation extending three popular middle-class tax cuts for the rest of the decade sailed through Congress by lopsided votes in both the House and Senate, giving President Bush
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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.
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Pointing toward midterm elections, House Democratic leader Nancy Pelosi promised on Thursday to raise the minimum wage while cutting taxes to spur economic growth and help the middle class.
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Lawmakers on Thursday pieced together legislation extending popular tax breaks and saving doctors from a cut in Medicare payments as Republicans prepared to cede control of Congress to the Democrats.
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Washington state residents were one step closer Wednesday to being able to deduct an estimated $500 million in sales taxes from their federal tax returns.
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The House overwhelmingly approved business tax breaks worth $1.8 billion over 10 years on Friday, a key step toward forging a congressional compromise on increasing the minimum wage. The vote on the tax cuts was 360-45.
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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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The alternative minimum tax has ensnared a growing number of middle-class Americans in recent years.
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The House of Representatives on  Friday approved legislation that extends popular tax breaks,  opens the Gulf of Mexico to new oil and gas drilling and  cancels a scheduled pay cut for doctors who treat the elderly  under Medicare.
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Congress is now poised to hand President Bush an election-year tax cut victory after Senate and House of Representatives negotiators on Wednesday night agreed to extend popular tax breaks for children and couples for five years.