House Approves Corporate Tax Bill
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The House of Representatives on Thursday approved a huge corporate tax bill aimed at ending a trade dispute with the European Union while giving American manufacturers a new tax break.
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WASHINGTON, DC -- The Senate struck a deal Monday to allow passage of a sweeping corporate tax bill. The agreement on that and two other measures clears the way for the Senate to adjourn on Monday and hit
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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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Senators turned their attention Sunday to a wide-ranging $136 billion corporate tax bill as lawmakers whittle down their workload before leaving town for the elections.
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A corporate tax bill offering huge tax breaks to US manufacturers in return for removing export subsidies is approved by Congress.
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WASHINGTON (CBS.MW) -- House and Senate lawmakers reached a deal Wednesday on a massive corporate tax bill that would repeal a portion of the tax code that has spurred mounting retaliatory sanctions by the European Union.
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The 69-17 roll call by which the Senate voted Monday to approve a &#36;136 billion corporate tax bill.
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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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The US House of Representatives approves a major financial package designed to stimulate the US economy.
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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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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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Fueled in part by election-year politics, a massive bill loaded with tax breaks and topped off by a $10.1 billion buyout for tobacco farmers was advancing toward a final vote in the House as early as today.
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The US Senate approved modifications to the Internet Tax Non-Discrimination Act Friday, clearing the way for House passage of the bill that would prevent taxing online purchases.
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The US House has approved a $136 billion corporate tax cut package, but the measure faces hurdles to passage in the Senate. The overall bill is aimed at repealing a corporate
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The US Senate on Monday passed a corporate tax bill that would dole out 136 billion dollars in new tax breaks to a wide array of US companies.
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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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The House today overwhelmingly approved a $146 billion economic stimulus package that would provide rebate checks to taxpayers. The measure now goes to the Senate, where some Democrats want to amend it to add more benefits. President Bush wants the bill passed as is, so that it can be put to use more quickly to boost the economy.