Senate Reaches Agreement on Corporate Tax
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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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On Monday, the US Senate reached the deal over long-playing tax bill costing $136 billion. The deal is expected to allow to vote over the bill of $136 billion tax breaks, $14.
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Sen. Mary Landrieu, D-La., ended her stalling tactics on a corporate tax bill Monday after Senate leaders agreed to pass a modified version of her proposal to give tax breaks
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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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The Senate resolved a dispute delaying passage of a corporate tax bill and two spending bills for disaster relief and homeland security.
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The US Senate cleared the way for passage of a bill that would replace a tax break for exporters ruled illegal by the World Trade Organization with $145 billion in tax cuts and payments
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WASHINGTON - The Senate resolved a dispute delaying passage of a sweeping corporate tax bill and two spending bills for disaster relief and homeland security last night, clearing the way for senators to adjourn today to hit the campaign trail.
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The Senate cleared a path on Sunday for a bill to hand out about $140 billion in corporate tax breaks, but it was blocked from a final vote by a fight over a provision aimed at helping reservists on duty in Iraq.
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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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WASHINGTON - The Senate on Sunday removed the last major hurdle stalling passage of the most sweeping overhaul of corporate taxes in nearly two decades.    By a 66-14 vote, lawmakers agreed to end the delaying tactics used by opponents of the tax bill...
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WASHINGTON - The Senate shipped President Bush a wide-ranging $136 billion corporate tax-cut bill and a disaster aid package on Monday, letting lawmakers head home for the finale of the presidential and congressional campaigns.    Florida, a vote-rich prize that both parties covet, will be chief beneficiary of the $14.5 billion disaster measure as the state rebuilds from a battering by four recent hurricanes...
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WASHINGTON - 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.    In an unusual Sunday session, the Senate planned to vote on ending procedural roadblocks opponents have used to snarl the tax legislation, which contains breaks for everything from large corporations to importers of Chinese ceiling fans...
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The US Senate easily gave final congressional approval on Monday to a huge corporate tax bill that aims to end a trade fight with the European Union by repealing US export
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The Senate late yesterday resolved a dispute delaying passage of a sweeping corporate tax bill and two spending bills for disaster relief and homeland security, clearing
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After a day-long attempt to delay action, the Senate moved forward Sunday with debate on a $136 billion corporate tax cut package.
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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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Key provisions of the corporate tax bill signed today by President Bush. The cost estimates over 10 years come from the congressional Joint Committee on Taxation: