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Congress · 117th Congress

Bipartisan Senate group presses leadership for R&D tax break

Maggie Hassan, D-N.H., and Todd Young, R-Ind., led a bipartisan letter Friday saying that unless Congress quickly restores full and immediate R&D expensing, American jobs and investment are at risk.

Congress · 117th Congress

Major corporations make last-ditch push for R&D tax break

In a letter, CEOs of Intel Corp., AT&T Inc., 3M Co. and 33 other big corporations said Tuesday that it “could be the last chance to avert the consequences of failing to act before the end of the first

Congress · 117th Congress

IRS budget in focus as brutal tax filing season arrives

Bob Menendez, D-N.J., and Bill Cassidy, R-La., 23 Democrats and two Republicans urged the IRS to consider steps including a pause on automated collections of unpaid taxes, dropping fines for taxpayers

Congress · 116th Congress

Pessimism creeps into revived coronavirus relief bill talks

Roy Blunt, R-Mo. The Missouri Republican suggested there may be ways for both sides to claim different spending numbers on a final deal, such as offsetting the cost by redirecting unused funds.