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Senate approves 170 billion corporate tax cuts package
The Senate passed a 170 billion dollar package of corporate tax cuts by a 92 to 5 vote aimed at boosting American manufacturing and energy, while halting a European trade war by repealing an export tax break deemed illegal by the WTO. The measure adds a new tax cut for U S manufacturers and lets architecture and engineering firms benefit, drawing criticism over added deficits.
MENTIONED IN THIS ARTICLE
Washington
Senate
Europe
Bush
House
Senate Finance Committee
Charles Grassley
Iowa
U.S
World Trade Organization
United States
Sen
Kay Bailey Hutchison
R-Texas
John McCain
R-Ariz
McCain
Congress