The Latest Breaking News from Charles E. Schumer

WASHINGTON — Senators are considering restoring a more generous tax break for companies’ research and development spending as part of a slimmed-down economic competitiveness bill focused on boosting domestic semiconductor manufacturing.

Senate Majority Leader Charles E. Schumer pledged to move ahead with a procedural vote Tuesday afternoon on the semiconductor bill.

WASHINGTON — President Joe Biden on Friday endorsed a plan hatched by two key Senate Democrats to pass a budget reconciliation package that would help lower the cost of prescription drugs and protect millions of households from health insurance premium spikes, even if it leaves out important clean energy priorities.

WASHINGTON — West Virginia Democrat Joe Manchin III is yet again upending his party’s priority economic package, jettisoning climate measures and tax increases he previously favored and leaving only provisions focused on lowering health care costs.

Two nominees for high-ranking EPA positions are in procedural purgatory as Republicans aim to block their confirmations.

President Joe Biden on Friday endorsed a plan to pass a bill intended to lower the cost of prescription drugs and pay for health insurance.

A procedural vote to begin the floor process on a limited competition measure could happen as early as Tuesday.

WASHINGTON — Advocates are pushing to squeeze Medicaid expansion and home health funding into a potential budget reconciliation bill after Majority Leader Charles E. Schumer, D-N.Y., renewed negotiations with moderate West Virginia Democrat Joe Manchin III.

With reconciliation talks restarted, advocates want Medicaid expansion and home health funding, but climate and taxes are also in the mix.

WASHINGTON — Democrats’ demands for changes to the tax code are threatening to complicate efforts to pass a slimmed-down budget reconciliation package by the August recess, as warring positions on a deduction for state and local taxes reemerge as a potential roadblock.

Democrats’ demands for changes to the tax code threaten to complicate efforts to pass a budget reconciliation package by the August recess.