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The Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018, [2] Pub. L. 115–97 (text), is a congressional revenue act of the United States originally introduced in Congress as the Tax Cuts and Jobs Act (TCJA), [3] [4] that amended the Internal Revenue Code of 1986.
A bill aimed at expanding the child tax credit for millions of families and implementing business tax breaks failed to progress through the Senate during a key test vote Thursday afternoon. Joe ...
The bill was sent to the Senate, where some Senate Republicans called for hearings and others showed interest to make changes in the bill. [12] On August 1st, the bill was blocked in a 44-48 procedural vote in the Senate. The procedural motion to limit debate on the package required 60 votes in favor to succeed.
The bills of the 117th United States Congress list includes proposed federal laws that were introduced in the 117th United States Congress.. The United States Congress is the bicameral legislature of the federal government of the United States consisting of two houses: the lower house known as the House of Representatives and the upper house known as the Senate.
Senate Republicans on Thursday blocked a bipartisan tax package that would have temporarily expanded the child tax credit and restored some business tax benefits. The bill failed to advance in a ...
Senate Majority Leader Chuck Schumer (D-N.Y.) teed up the bill for a vote before the Senate adjourned last week. “Senate Republicans love to talk about how they are the party of family and business.
Senate Majority Leader Chuck Schumer, D-N.Y., declined to say Wednesday when the tax bill would come to a vote and whether it would be amended. "I support the tax bill," Schumer told reporters.
As the party lacked a 60-vote super-majority in the Senate, they sought to implement both policies through separate reconciliation bills, with the healthcare bill passed using the reconciliation process for fiscal year 2017 and the tax cut bill passed using the reconciliation process for fiscal year 2018. [35]