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The lawmakers are racing for a July 4 deadline to have the whole package sent to Trump’s desk in time to also avoid a ...
In addition to raising the endowment tax rate for the richest schools to as much as 21%, the bill hits schools with heavy ...
Three key panels are addressing some of the thorniest issues poised to make or break the Republicans' massive bill for ...
The reconciliation text being considered by the House Ways and Means Committee includes $15 million for the IRS to study how ...
19hon MSN
WASHINGTON (AP) — House Republicans proposed sweeping tax breaks Monday in President Donald Trump’s big priority bill, ...
Key Senate Republicans are resisting the House’s plan to gut clean energy tax credits, vowing to soften the blow for emerging ...
The current version of the proposal calls for the state and local tax deduction cap to be hiked to $30,000, which a group of ...
5hon MSN
A proposal by Republicans in Congress would allow President Donald Trump's administration to remove the tax-exempt status of ...
The Congressional Budget Office estimates the cuts will lead to 8.6 million people losing coverage over the next decade.
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