WASHINGTON: The US House of Representatives passed a sweeping package Thursday extending tax breaks and credits worth $629 billion aimed at providing greater certainty for businesses and millions of Americans.
The bill includes 56 extensions, among them nearly two dozen that would be made permanent in part to help families still struggling in the aftermath of the financial crisis.
Several Democrats, including party leaders in the House, opposed the bill, warning it is not paid for and will only deepen US debt. Their opposition puts them at odds with the White House, which on Wednesday announced its support for the tax bill as well as a sprawling year-end federal spending bill that the House votes on Friday. The tax measure passed the House 318 votes to 109, with all but three Republicans in favor and most Democrats opposed.
A disabled man casting his vote in Indian elections on May 1, 2024. — X/@CEOMPElectionsNOIDA: To go back home in...
People attend the 2023 Spring Meetings inside the International Monetary Fund in Washington, US, April 12, 2023. —...
A representational image showing a Tesla Model Y during the opening of the Tesla Gigafactory in Gruenheide, east of...
Established in 1998, IceWarp has presence in more than 100 countries and provides specialized and highly...
Women walk past a “Now Hiring” sign outside a store on August 16, 2021 in Arlington, Virginia. — AFPWASHINGTON:...
Reko Diq, one of the biggest yet-to-be-developed copper mines in the world, is also 50 percent owned by the government...
