Search the Roll Call archive by keyword, date, Congress, section, or tags.
That funding authorization is on top of the underlying bill’s fiscal 2023 through fiscal 2026 authorization of $4.5 billion in FMF funding for Taipei to use to buy more U.S. weapons.
former Taiwanese vice defense minister, said the Tsai government is privately worried the Biden administration could look for ways to cancel the F-16 order, which isn’t scheduled to be fulfilled until 2026
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
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.
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Under the proposal circulating on Capitol Hill, the current $10,000 limit on SALT deductions would be repealed for the 2021 through 2025 tax years, then reinstated from 2026 through 2030 in Democrats
The potential compromise would mean enacting the House proposal through 2026 before moving to the Senate’s consolidated format.
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.
Spending drops sharply after 2026, when only full refundability would remain in place. About $13 billion of that cost would be for keeping it fully refundable in the second half of the decade.