Corporate Taxes

U.S. Domestic spending plan

Senate Democrats pass budget package, a victory for Biden – Associated Press

Democrats pushed their election-year economic package to Senate passage Sunday, a hard-fought compromise less ambitious than President Joe Biden’s original domestic vision but one that still meets deep-rooted party goals of slowing global warming, moderating pharmaceutical costs and taxing immense corporations. The estimated $740 billion package heads next to the House, where lawmakers are poised

U.S. Domestic spending plan

Manchin, Schumer in surprise deal on health, energy, taxes – Associated Press

In a startling turnabout, Senate Majority Leader Chuck Schumer and Sen. Joe Manchin announced an expansive agreement Wednesday that had eluded them for months addressing health care and climate, raising taxes on high earners and corporations and reducing federal debt. The two Democrats said the Senate would vote on the wide-ranging measure next week, setting

U.S. Domestic spending plan

Biden, Manchin sharply divided over $2T Dem bill

President Joe Biden and Sen. Joe Manchin were said to be sharply divided Wednesday over Democrats’ huge social and environment bill, with the holdout senator pushing to erase the measure’s improved child tax credit, as leaders’ hopes of passing the legislation before Christmas appear to be fading away. The rocky status of their talks, described

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