A bipartisan bill allowing tax deduction expansion was introduced, assessed by the CBO, and is now moving to the House for further consideration.

The entities involved

• senate →

  type of legislative body, often the upper house or chamber of a bicameral legislature

  • Legislation is awaiting final approval from both the House and the Senate.Mon 17:49
  • A bill allowing foreign investment in cooperatives has been approved, concerning legitimate organizations registered with the Securities and Exchange Commission.Mon 16:37
• Congressional Budget Office →

  government agency

  • Donald Trump and Scott Bessent commented on the budget, monitoring fiscal health and policy levers during the presidential tenure.Mon 16:08
  • Trump is attempting to incorporate costs into a spending bill, involving the Congressional Budget Office.Sun 00:25

Related events

• Senate inquiry considers a tax reform bill.Jul 27
• Trump cut tax deductions while AARP briefed Congress on current law, as the Tax Relief for Fraud Victims Act awaits Senate action.Sep 21
• Passage of SB219 increases income tax exemptions in Delaware.Sep 10