The Joint Committee on Taxation released a report Thursday comparing the House and Senate versions of the Tax Cuts and Jobs Act, highlighting differences that include where tax brackets begin, the standard deduction, maximum rate on business income of individuals and the child tax credit. 452 more words
Tags » Us House
The tax bill making its way through Congress will more than likely get rid of the Affordable Care Act’s individual mandate.
As the House and Senate versions of the tax bill are reconciled, lawmakers are likely to agree on eliminating the requirement to purchase health insurance, Kevin Brady, who chairs the House Ways and Means Committee, said. 318 more words
The House GOP Health Care Reform Plan provides a blueprint for eliminating important elements of the ACA and replacing them with a more market-oriented approach. 884 more words
The Senate will consider resolutions of disapproval under the Congressional Review Act (CRA) and confirmation of the president’s appointees to federal agencies. The House will be taking up litigation reform legislation and appropriations legislation to fund the Defense Department through the remainder of fiscal year 2017. 830 more words