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The Latest Breaking News from Senate Finance

Reconciliation talks complicated by ‘SALT’ tax hurdle

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.

Tribune News Service

Reconciliation talks complicated by 'SALT' tax hurdle - Roll Call

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

Roll Call

American teens' health behaviors suffered a lot during pandemic

From increased drug and alcohol use to increased experiences of abuse and suicidality, the pandemic wreaked some major havoc on the health of American teenagers, according to a CDC report released Thursday.

Axios

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Windfall profits tax, consumer rebate options under discussion

WASHINGTON — Senate Finance Committee Democrats are discussing ways to tax large oil and gas companies’ excess profits that could be tied to the recent spike in global crude oil prices and use the revenue to provide financial support to consumers impacted by higher costs at the pump.

Tribune News Service

Senate Finance leaders outline mental health legislative timeline - Roll Call

Senate Finance Committee leaders said they aim to put together a bipartisan legislative package addressing mental health.

Roll Call

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