Senate approves energy and water funding bill in 71-22 vote
The Senate backed a $12.7 billion energy and water spending package with 71 votes to 22. It exceeds Reagan’s budget by about $630 million, though it is $430 million under the House version. A House-Senate conference will reconcile differences as Reagan vows vetoes on over-budget bills.
MENTIONED IN THIS ARTICLE
Tombaum Associated Press
Washington
Senate
Reagan
House
House-Senate
John Tower
Texas
Energy Department
Congress
Bill to drop tax on rents to relatives gains panel backing
A House Ways and Means subcommittee endorsed repeal of the family rental tax allowing full deductions for maintaining and depreciating property even when rents to relatives are below market. The measure, backed by the Reagan administration, moves to the full committee for consideration.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
House
Ways and Means
Subcommittee
Senate
Full
Internal Revenue Service
Congress
IRS
John E. Chapoton
the Treasury
Reagan Administration
Treasury Department
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