Senate Majority Leader Chuck Schumer (D-N.Y.) told colleagues Wednesday that congressional negotiators are “very close” to reaching a deal to avoid a government shutdown at the end of the week, announcing that they “continue to make very good progress on an agreement.” Schumer reiterated his arguments made at a meeting with Speaker Mike Johnson (R-La.)…
Congressional negotiators have struck a spending deal unlocking bipartisan negotiations to determine how to fund various government agencies through most of this year. Sources familiar confirmed to The Hill that the agreement was reached late Friday night, capping off weeks of talks, led by Senate Appropriations Chair Patty Murray (D-Wash.) and House Appropriations Chair…
Congressional negotiators announced Tuesday that they have reached an agreement on a $78 billion legislative package that would revive tax breaks for business investment and expand the child tax credit over a three-year period. The cost of the new tax breaks would be offset by ending a troubled federal program that provides credits for businesses that kept employees on their payrolls during the Covid-19 pandemic. The agreement was announced by House Ways and Means Committee Chairman Jason Smith
(Bloomberg) The US economy is set for an unexpected fiscal boost if lawmakers back a potential deal for $70 billion worth of tax breaks for businesses and families.Most Read from BloombergApple to Shutter 121-Person San Diego AI Team in ReorganizationBiden Says US Doesn’t Support Taiwan Independence After VoteTaiwan Elects US-Friendly President, Defying China WarningsBill Ackman Is Bringing Activist Playbook to America’s Culture WarsCongressional negotiators are locked in talks over renewing