Congress Rushes to Pass Tax Cut Package
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Congress on Thursday rushed to pass a $145.9 billion package of tax relief that would extend three popular middle class tax cuts and hand President Bush his fourth major tax victory since taking office.
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A $1.3 billion small-business tax  cut package aimed at winning the first minimum wage increase in  more than a decade advanced in the U.S. House of  Representatives on Monday.
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Unless Congress acts soon to prevent a special "millionaires" tax from hitting middle-income families, as many as 50 million taxpayers, or 37 percent of the total, will face an unexpected tax increase, a delay in receiving refunds or a delay in having their tax return processed.
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The looming political battle over how to reform the tangled US income tax code could get ugly. But one option, a tax aimed at boosting savings, holds promise.
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Description: The Senate on Friday scrambled to finish work on the biggest revision of corporate tax codes Congress has considered since 1986.
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A $1.3 billion small-business tax cut package aimed at winning the first minimum wage increase in more than a decade advanced in the U.S. House of Representatives on Monday.
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Republicans are moving ahead with efforts to extend three popular middle class tax cuts that are set to expire at the end of this year and they have added a collection of expiring tax breaks for businesses to the package as well.
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Pre-dawn final action of the 109th Congress: ?   Broad tax-and-trade bill including a five-year extension of 20 tax breaks at a cost of $38 billion.
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Democrats and Republicans clashed over deficits and tax cuts Thursday as Congress moved toward sending President Bush an $800 billion boost in the government&#39;s debt limit.
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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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A much-anticipated deal between the White House and once-warring House leaders to speed tax rebate checks to workers starting in May has the Senate in a bind over whether to try to add to the measure.
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The twin pressures of a looming recession and an election year combined to speed a $168 billion economic rescue plan through Congress, sweeping aside lawmakers' political differences in favor of rushing $600-$1,200 checks to their constituents.
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A deal between the White House and House leaders to speed tax rebate checks to workers starting in May has the Senate in a bind over whether to try to add to the measure
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The U.S. Congress on Saturday passed  a $388 billion package financing government programs in this  fiscal year after days of tough talks, but a last minute snag  means it may not be sent to President Bush for signing into law  for several days.
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House and Senate negotiators approved a sprawling corporate tax bill that would shower corporations and farmers in politically sensitive states with new tax cuts.
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An economic stimulus package to help stave off recession is on the fast track in Congress after Democratic and Republican leaders in the U.S. House of Representatives on Wednesday reached a rare agreement to quickly pull together a bipartisan plan.
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WASHINGTONââ Senators are turning their attention to a wide-ranging $136 billion corporate tax bill as lawmakers whittle down their workload before leaving town for the elections.