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Tag Archives: tax reform

Congress Passes Tax Reform Bill

A tax reform bill is now headed to the White House for President Donald Trump’s signature after Congress passed the measure Wednesday, Reuters reported Wednesday. The House voted 224-201 and the upper chamber voted 51-48 to approve the measure that would reduce the corporate tax rate from 35 percent to …

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Senate OKs Fiscal 2018 Budget Resolution

The Senate voted 51-49 Thursday to approve its fiscal 2018 budget resolution that would authorize a tax reform plan, The Hill reported Thursday. The budget measure proposes to increase defense spending levels at current rates to reach $684 billion by 2027 and reduce nondefense spending in succeeding years that would result …

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Steven Mnuchin Confirmed, Sworn In as Treasury Secretary

Steven Mnuchin, a 17-year veteran of investment bank Goldman Sachs, has been sworn in as head of the Treasury Department after the Senate confirmed him Monday through a 53-47 vote, Reuters reported Monday. David Lawder writes Mnuchin will oversee tax reform, financial de-regulation and economic diplomacy efforts as the Treasury secretary. He will manage a tax reform …

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House Tax Panel Chair Dave Camp: Reform Coming in 2013

House Ways and Means Committee Chairman Dave Camp said his panel will pass a new and comprehensive tax reform package in  2013, Reuters reports. Camp promised the panel will move on the tax reform bill no matter what, according to the story from Kevin Drawbaugh and Patrick Temple-West. According to …

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