Tax Bill Heads to Senate, Faces Uncertain Future - podcast episode cover

Tax Bill Heads to Senate, Faces Uncertain Future

Feb 04, 20247 minEp. 224
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Episode description

The U.S. House of Representatives passed a bipartisan tax bill with a vote of 357-70 late Wednesday, but that bill now faces an uncertain future in the Senate. The Tax Relief for American Families and Workers Act had bipartisan support after months of behind-the-scenes deals involving both parties. Whether the Senate can get the bill passed, though, remains unclear. The Senate faces several other deadlines, including a March deadline to reauthorize the Federal Aviation Act, two looming government shutdown deadlines the same month, as well as a border bill and a potential spending bill for Israel, Taiwan and Ukraine. Meanwhile, the potential impeachment of Homeland Security Secretary could soon land in the Senate’s lap.

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