Congress approves AMT patch to shield millions from tax hike
Congress finalizes a bill to shield about 20 million households from the alternative minimum tax as 15 million Americans face delayed refunds in 2008. The House passed 352 to 64 with President Bush expected to sign. IRS warns seven weeks are needed to implement the change, risking late filing and refunds.
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Democrats Face Narrow Majorities in Bush Era War Debates
As 2007 neared, Democrats with a 51 49 Senate edge and a thin House majority battled Bush vetoes and GOP obstruction. They raised the minimum wage, boosted fuel economy, expanded Pell grants, and backed Pelosi's confrontational approach, yet fell short on Iraq timelines immigration health care and stem cell funding.
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Congress Okays Seventy Billion for War in Iraq and Afghanistan
Congress approved 70 billion dollars for military operations in Iraq and Afghanistan, sending a 545 billion catchall spending bill that links war funding to 14 cabinet budgets. The vote exposed party tensions, with antiwar Democrats split over supporting troops and Bush allies pressed to back the package.
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Romney Huckabee clash tightens in early primaries
Romney targets Huckabee as too liberal on economic policy and foreign affairs. Huckabee counters with defense of record and a Christmas message ad. Romney visits Iowa and South Carolina as Huckabee emphasizes faith and family in ads across Iowa New Hampshire and South Carolina.
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Tancredo to Drop Out of Presidential Bid
Rep. Tom Tancredo plans to announce via Iowa news conference that he is abandoning his long shot presidential bid. The Colorado congressman, known for strong anti illegal immigration stances, has consistently polled last in the GOP field and trails Mitt Romney and Rudy Giuliani in fundraising.
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