Congress · 117th Congress
Sweeping budget package passes Senate; House on deck Friday
The minimum tax is aimed at preventing the largest corporations, those earning at least $1 billion, from paying very low effective tax rates.
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3 results for "1/7/2026"
Congress · 117th Congress
After four-hour debate, Senate begins voting on budget bill amendments
The so-called vote-a-rama follows Senate adoption of a motion to proceed to the bill just after 7:30 p.m. Saturday, with Vice President Kamala Harris breaking the 50-50 tie.
Congress · 117th Congress
Semiconductor, science bill passes Senate, heads to House
billion in five-year grants for manufacturing and design of semiconductors and 5G wireless deployment, $24 billion to create a 25 percent tax credit for new semiconductor manufacturing facilities through 2026