House panel advances tax cut to win wage raise
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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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The Senate voted overwhelmingly Thursday to boost the federal minimum wage by $2.10 to $7.25 an hour over two years, but packaged the increase with small business tax cuts and limits on corporate pay that could complicate its path to become law.
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The looming political battle over  how to reform the tangled U.S. income tax code could get ugly.  But one option, a tax aimed at boosting savings, holds promise.
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The looming political battle over how to reform the tangled U.S. income tax code could get ugly. But one option, a tax aimed at boosting savings, holds promise.
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WASHINGTON - 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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Their grip on Congress strengthened, Republicans on Wednesday saw both a mandate and an opportunity to push further tax cuts, limits on damage awards in
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A Senate committee voted Wednesday to scuttle new rules that critics say would deny overtime pay to millions of workers, as Democrats won the latest round in their election-year bout with President Bush over the issue.
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After adding a host of special-interest tax cuts aimed at garnering support from individual senators for the overall bill, the congressional Republican leadership is poised to gain
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The Senate voted overwhelmingly yesterday to increase the federal minimum wage for the first time in nearly a decade, but added small-business tax breaks that are unacceptable to House leaders, preventing Democrats from claiming a quick victory on one of their top legislative priorities.
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Republican leaders are willing to allow the first minimum wage increase in a decade but only if it's coupled with a cut in inheritance taxes on multimillion-dollar estates, lawmakers said Friday.
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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 House on Wednesday passed a new defense policy bill that includes a pay raise for troops.
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House Republican leaders, giving in to political reality, plan a vote to raise the $5.15 minimum wage before leaving Washington this weekend for a five-week recess.
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Republican House leaders expressed confidence Wednesday that they will be able to extend three of popular tax cuts that are set to expire at the end of this year.
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The U.S. House of Representatives overwhelmingly approved a $1.8 billion small business tax cut package on Friday aimed at winning passage of a $2.10 increase in the hourly minimum wage.
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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 U.S. House of Representatives on Thursday overwhelmingly passed a compromise measure to increase the federal minimum wage for the first time in a decade -- and provide billions of dollars in tax breaks to help businesses pay for it. The vote was 348-73.