Senate, tax bill
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Iran, Senate Democrat
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U.S. Senate Republicans on Monday unveiled proposed changes to President Donald Trump's sweeping tax-cut and spending bill that would make some business-related tax breaks permanent while making more limited the deduction for state and local income taxes,
WASHINGTON -- The Senate is expected to approve legislation Tuesday that would regulate a form of cryptocurrency known as stablecoins, the first of what is expected to be a wave of crypto legislation from Congress that the industry hopes will bolster its legitimacy and reassure consumers.
Top Senate Republicans are running into some resistance from several key senators about the details of President Donald Trump’s “big beautiful bill,” potentially complicating plans to deliver that package by their own July 4 deadline.
A Senate tax package softens some blows imposed on renewables by a House version of the bill. But it still terminates many credits for clean power.
The Senate version of the 2026 budget mega bill is expected to be more aggressive on provider taxes than the House version.
Senate Majority Leader John Thune said Senate Republicans are mulling legislation to address the historic number of federal rulings blocking
Some Republican senators are voicing concern over the House-passed bill that would rescind $9 billion that Congress already approved, including money for NPR and PBS stations in their states.
A U.S. Senate panel proposed a full phase-out of solar and wind energy tax credits by 2028 but extended the incentive to 2036 for hydropower, nuclear and geothermal energy, which are favored by President Donald Trump's administration,