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As reported out of the Senate Armed Services Committee on a 26-1 vote, the bill would authorize $32.1 billion more that President Donald Trump requested for defense and national security spending.
[Sinema ready to advance budget bill after tax changes] The new taxes that made it into the Senate’s final bill are a 1 percent tax on what public companies spend on stock buybacks and a 15
Substitute tax To make up for the lost revenue from the corporate minimum tax exemptions and dropping the carried interest provision, Democrats added a 1 percent excise tax on stock buybacks, which
As the clock struck midnight on Jan. 1, 2021, the world celebrated that 2020 was over and that things would finally get back to normal. 2021 proved much more challenging than most expected.
It also would provide $1 billion for near-term drought relief programs and another $150 million specifically to help Native American tribes mitigate drought impacts.
funds equal less than 0.25 percent of the more than $1.5 trillion in discretionary spending for federal agencies next year, coming in well shy of House Appropriations Chair Rosa DeLauro’s mandated cap of 1
Multibillion-dollar natural disasters — events that cost more than $1 billion to clean up — have cost the U.S. an average of $47.6 billion a year from 1980 through 2020, according to the National
The Senate has officially kicked off its process for inserting “congressionally directed spending” into appropriations bills for the fiscal year starting Oct. 1, with almost all Democrats but only 15 Republicans
.; $1.5 million for renovations to research facilities at the University of New Mexico in Albuquerque; and $1 million for the Albuquerque Police Department to establish a trauma recovery center for survivors