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Speaker of the House Nancy Pelosi heads back to her office after she opened up the House floor on Dec. 28, 2020 in Washington, DC. | Tasos Katopodis/Getty Images
House passes stimulus check boost as Republicans splinter
With Trump calling for more economic relief, Democrats are eager to squeeze the GOP.
The House voted overwhelmingly Monday to roughly triple pandemic-related stimulus checks but it may amount to more of a political maneuver than an effort to ultimately deliver additional relief.
The 275-134 vote came with many Republicans joining Democrats to back the increase, which was first demanded by President Donald Trump last week as he threatened to kill a massive aid package.
23 December 2020
WineAmerica has long taken a leadership role in advocating for the Craft Beverage Modernization and Tax Reform Act (CBMTRA), and learned that the essential tax benefits of CBMTRA will be made permanent as part of the year-end omnibus and Covid-19 relief package announced by Congressional leadership.
The CBMTRA was initially enacted in 2017 and was set to expire on December 31, 2020.
The CBMTRA reduces federal excise taxes for all American wineries. In a time of uncertainty, the new certainty that these tax rates will remain in effect will now allow the wineries to focus proactively on the challenges which lie ahead.