Negotiators Approve Big Tax Cuts for Business
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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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House and Senate negotiators agreed Wednesday on an ambitious corporate tax bill that would shower billions of dollars in tax breaks on beneficiaries from old-line manufacturers to Alaskan whalers -- and includes a controversial $10 billion buyout of the nation's tobacco farmers.
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The Senate passed a far-reaching, $136 billion corporate-tax package yesterday 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 international trade rules.
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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 tax bill passed last week that would reduce taxes at two military contractors by nearly $500 million over 10 years.
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Democratic and Republican leaders in Congress reached a tentative deal with the Bush administration on tax rebates and business tax cuts.
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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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WASHINGTON US House and Senate negotiators, moving swiftly to finish a bill that would create more than $100 billion in corporate tax breaks, have approved a $10 billion buyout for tobacco farmers and rejected a Senate provision that would have subjected
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U.S. 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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Democrats running Congress and the Bush administration reached a tentative deal Thursday on $300-$1,200 tax rebates and business tax cuts to jolt the slumping economy
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The Senate gave final approval yesterday to the most significant corporate tax legislation in nearly 20 years, sending President Bush a 650-page measure that closes egregious tax loopholes, reduces taxes for domestic producers, and doles out tax breaks for interests ranging from tackle box makers to native Alaskan whaling captains.
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WASHINGTON -- A major rewrite of corporate tax law that would end a trade dispute with Europe won congressional negotiators' backing yesterday after House Republicans beat back efforts to increase tobacco regulation. The measure would repeal a tax break for thousands of US exporters that the World Trade Organization ruled illegal. As a replacement, it offers more than $140 billion ...
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House and Senate negotiators reached a deal Wednesday to boost aid to college students by cutting roughly $20 billion in government subsidies to banks that issue student loans.
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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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Congress overwhelmingly approved a 146-billion-dollar tax cut endorsed by both President George W. Bush and his rival John Kerry but criticized by some economists.
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House and Senate negotiators hope to wrap up work on a major rewrite of corporate tax law that would end a nasty trade dispute with Europe while showering more than $130
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Congressional negotiators worked to cut hundreds of federal programs, big and small, as they fashioned a $500 billion-plus catchall government funding bill Thursday.