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Democrats are seeking to pass the bill this week in the Senate and in the House next week.
August 1 -
A minimum corporate tax rate wouldn’t spark higher consumer prices, according to the senator.
July 29 -
The package includes oodles of tax credits and rebates for people looking to drive and live more sustainably.
July 29 -
The Arizona lawmaker is “reviewing the text and will need to review what comes out of the parliamentarian process.”
July 29 -
Senator Joe Manchin and Majority Leader Chuck Schumer have struck a deal on a tax, energy and climate bill, breaking a deadlock on the Democrats’ long-sought legislation to enact major parts of President Joe Biden’s agenda.
July 28 -
A breakthrough deal between senators Chuck Schumer and Joe Manchin includes the extension of a popular consumer tax credit for the purchase of electric vehicles.
July 28 -
The West Virginia senator opposes changes to the state and local tax deduction.
July 28 -
Senate Majority Leader Chuck Schumer and West Virginia Senator Joe Manchin released the outline of a tax, climate and health care deal on Wednesday, in what could prove to be a major breakthrough after weeks of negotiations.
July 28 -
The U.S. would collect an additional $318.7 billion over the next 10 years by implementing the 15% global minimum tax and exercising the undertaxed-profit rule.
July 27 -
The bill contains a 25% tax credit for semiconductor manufacturing — the source of the revenue loss.
July 22