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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 "vote-a-rama" (or "vote-arama", "vote-athon") [1] is a procedure in the United States Senate that allows senators to propose an unlimited number of amendments to budget-related measures. After brief debate, the amendments are each voted on in rapid succession. Vote-a-ramas have been a fixture of Senate budget and reconciliation bills
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 Senate's tax plan proposes keeping seven tax brackets but changes the income ranges. ... where the bill passed on a party-line vote of 12 to 11. Two GOP senators on the committee, ...
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 ...
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.
The procedure overrides the Senate's filibuster rules, which may otherwise require a 60-vote supermajority for passage. Bills described as reconciliation bills can pass the Senate by a simple majority of 51 votes or 50 votes plus the vice president's as the tie-breaker.
The new tax bill that includes an expansion of the child tax credit and breaks for businesses passed through committee on a big bipartisan vote. ... its path is hazier in the Senate, where it will ...