Congress · 117th Congress
Major corporations make last-ditch push for R&D tax break
Democrats included a temporary solution, delaying the shift from this year to the start of 2026, in their $2.2 trillion climate and social safety net bill.
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Democrats included a temporary solution, delaying the shift from this year to the start of 2026, in their $2.2 trillion climate and social safety net bill.
John Cornyn, R-Texas, and Michael Bennet, D-Colo., that would increase authorizations to the National Suicide Prevention Lifeline program to $50 million per year through fiscal 2026.
Medicare is probably more costly in the long run and has an even earlier trust fund exhaustion date, in 2026.
It would authorize $600 million every year from fiscal 2022 through fiscal 2026 for a new Energy Department program to pursue solar projects that make the U.S.
The House draft competition bill would also authorize $600 million annually from fiscal 2022 through 2026 for a new Energy Department program to construct and pursue solar projects to make the country
That spending includes an extension of the federal production tax credit, or PTC, through 2026, giving special attention to communities that have seen nearby coal mines close after 1999 or coal-fired power
He did have a license to carry a concealed firearm from Virginia issued by Henrico County Circuit Court that expires in April of 2026. Allsbrooks is a resident of Richmond, Va.
Taxes would climb more widely in 2026, when the individual cuts from the 2017 GOP tax law are set to expire and the SALT cap would be extended under Democrats’ plan.
In 2026, individual income tax provisions from Republicans’ 2017 tax overhaul would expire, shifting impacts again.
Under the House bill, the Department of Health and Human Services would negotiate prices for insulin and up to 10 drugs without generic competition in 2025, 15 drugs in 2026 and 2027, and 20 drugs afterward
The amendment would authorize $500 million a year from fiscal 2022 through fiscal 2026 in the form of foreign military financing so Ukraine can buy U.S.-made weapons.
Now the bill includes a one-year expansion and almost $4 billion available through 2026 for the IRS, along with another $1 billion for the Treasury Department to support enrollment and administration
Schumer, D-N.Y., floated Tuesday to eliminate the cap completely for five years but then reinstate it in 2026 at the old $10,000 figure.
Under the proposal circulating on Capitol Hill, the current $10,000 limit on SALT deductions would be repealed for the 2021 through 2025 tax years, then reinstated from 2026 through 2030 in Democrats
with party leaders on a potential five-year suspension of the $10,000 cap on state and local tax deductions, though that break would be paid for by extending the current law cap five years beyond its 2026
Manchin has expressed concern about any Medicare expansion, saying its costs shouldn’t be increased at a time when the program’s hospital insurance trust fund is slated to become insolvent by 2026
A change to how companies count research and development expenses, which would’ve undercut their ability to deduct that spending, would be pushed off to 2026.
The potential compromise would mean enacting the House proposal through 2026 before moving to the Senate’s consolidated format.
Medicare’s financial problems start to pinch in 2026, when hospital payments would need to be trimmed 9 percent, according to government actuaries.
On Thursday, the House Foreign Affairs Committee is scheduled to mark up legislation that would annually authorize, through fiscal 2026, nearly $75 million for the security basin initiative.