Shining Light on Farm & Food Policy for 20 Years. Thursday, November 28, 2024
Economy News Politics

Republicans block House-passed tax bill, say 'serious revisions' needed

08/01/24 2:52 PM By Philip Brasher
KEYWORDS bonus depreciation child tax credit Mike Crapo Mitch McConnell Section 179 expensing allowance Tax Cuts and Jobs Act

Republicans blocked the Senate on Thursday from taking up a House-passed tax bill that includes improvements to valuable expensing provisions used by farmers, as well as an expansion of the child tax credit.

Philipbrashercaptiol

Philip Brasher
Editor in Chief

To view this article, please login. If you are not a current subscriber, you may sign up for a trial or view other subscription options here.