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Raises $6.4 billion by allowing companies to reduce the amount that they contribute to their pension funds now and make up for it later.
Since pension contributions are tax deductible, companies would owe more tax revenue in the next few years as more of their earnings are taxed.
Raises $3.5 billion by extending for one year — through 2024 — various user fees paid to the Customs Service for goods, vehicles and people entering the U.
Congress is providing $11 billion to prevent a 28 percent reduction in federal highway and mass transit spending at the peak of the summer construction season. The Senate passed a House-written bill to augment federal gasoline and diesel fuel taxes for keeping the federal Highway Trust Fund solvent through next May.
House Republican leaders struggled to round up votes from recalcitrant conservatives for a bill dealing with the immigrant surge at the U. S.-Mexico border and head home for a five-week summer break boasting of acting to address the crisis.
In a surprising setback, the leadership on Thursday was forced to abandon a vote on the slimmed-down $659 million measure, then huddled with GOP members — some who had rushed back from airports — to figure out a way to secure passage of a bill that would make it easier to deport the tens of thousands of unaccompanied children from Central America flooding into the United States.
Republicans planned to meet again Friday in hopes that revised versions of the border bill and a companion measure designed to rein in President Barack Obama's ability to take executive actions on deportations could sway tea partyers and other conservatives.
Even if House leaders prevail, the Senate blocked its version of the border bill late Thursday, meaning no measure heads to Obama's desk, despite lawmakers' insistence that they need to resolve a dire problem.
The scuttled House vote was an embarrassment for the new GOP leadership team of Majority Leader Kevin McCarthy, R-Calif., and Whip Steve Scalise, R-La., led by Speaker John Boehner, R-Ohio.
The Senate blocked a $3.5 billion border package that also included money for Western wildfires and Israel, with Republicans and two Democrats — Louisiana's Mary Landrieu and Joe Manchin of West Virginia — opposed.
Despite overwhelming support for Israel, Congress was unable to approve an Obama administration request for $225 million for the Iron Dome missile defense system that has been effective in intercepting mortars and rockets fired into Israel by Hamas militants.
The Associated Press-GfK poll on foreign policy and President Barack Obama's approval ratings was conducted by GfK Public Affairs and Corporate Communications July 24-28.
No more than 1 time in 20 should chance variations in the sample cause the results to vary by more than plus or minus 3.4 percentage points from the answers that would be obtained if all adults in the U.
On Thursday, Republicans in the Senate stymied the bill that would have allotted $2.7 billion to resolving the issue of Central American minors illegally crossing the border into the U. S., which many politicians have deemed a national crisis.
The bill received 50 yeas and 44 nays, falling short of the 60 it needed in order to end up on President Barack Obama’s desk.