All posts tagged "Tax Breaks"

House Speaker Mike Johnson (R-LA) credited President Donald Trump's "big beautiful bill" with creating a "unified government" that allowed the House and Senate to work together toward a common goal.

Democrats, however, were not at all unified behind the bill, due to SNAP and Medicaid cuts, as well as tax breaks for the wealthy. In a record-breaking 8-hour and 44-minute speech meant to delay the vote Thursday, Minority Leader Hakeem Jeffries (D-NY) blasted the measure and called on Democrats to stay strong in their beliefs.

“Press on for the left behind,” he said. “Press on for the rule of law. Press on for the American way of life. Press on for democracy. We’re going to press on until victory is won."...

WASHINGTON (Reuters) - The Democratic-led U.S. Senate on Tuesday voted to advance a bill to renew $85 billion of individual and business tax breaks for two years, setting up a confrontation with Republicans in the House of Representatives.

WASHINGTON (Reuters) - The Obama administration on Tuesday sent a four-year transportation reauthorization bill to Congress that aims to plug a pending shortage in funding for repair and construction of America's bridges, roads and transit systems.

GENEVA — The region of Zurich, the home of Swiss banking, has lost nearly half its foreign millionaires two years after scrapping special tax breaks, according to official figures.

US President Barack Obama said Saturday his administration was headed toward fulfilling its commitment of doubling US exports over five years and promised to reward businesses that created jobs at home with tax breaks.