Republicans, House and tax cut
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2hon MSN
Republicans and Democrats grew weary in the early hours of Wednesday morning on Capitol Hill as they slogged through at-times contentious debate over provisions in President Donald Trump’s sweeping tax and spending cuts package.
The House Ways and Means Committee advanced a slew of President Trump’s top tax priorities, Wednesday morning, setting the stage for a high-stakes sprint to get the provisions through the GOP’s
In an effort to soften the proposal, Democrats issued a number of energy-related amendments countering Republican provisions aimed at slashing climate funding.
The full committee will debate and advance this legislation on ... fully extend the trillions in tax breaks he enacted via the Tax Cuts and Jobs Act, or TCJA, in 2017. Without TCJA extensions ...
As Congress deliberates these proposals, the potential impact on taxpayers, businesses, and the broader economy remains a subject of intense debate.
Credit unions' federal tax exemption survived as the House Ways & Means Committee cleared Trump-backed tax cut extensions, but the issue could reemerge as a pay-for in final budget negotiations.
Republicans in the U.S. House of Representatives on Monday proposed killing the electric vehicle tax credit and repealing fuel efficiency rules designed to prod automakers into building more zero-emission vehicles as part of a broad-based tax reform bill.
La., has said he wants House Republicans to pass their version of Trump's bill by Memorial Day or "shortly thereafter," as he told Fox News Digital i