The Latest: Senate approves oil drilling in Arctic refuge
The
In a vote early Saturday morning,
The vote was 52-48. Republican Sen.
Opening the remote refuge to oil and gas drilling is a longtime Republican priority that most
The 19.6-million acre refuge in northeastern
The
Parents could also use the tax-exempt funds on home-schooling expenses.
Republican Sen.
All
Toomey defended
As the
They're displaying the nearly 500 printed pages with handwritten notes in the margins.
Sen.
Democratic Sen.
His decision won't affect the measure's fate.
Corker's decision is not a surprise. He had expressed concerns that the measure would add more red ink to the government's
Corker has broken openly with President
Corker says he told Trump of his decision, and isn't ruling out backing a compromise House-Senate tax bill.
The moderate Collins says she believes the measure will provide "much-needed tax relief" to middle-class families and spur economic growth.
Her announcement lacked suspense because
Earlier this year, Collins was among a group of Republican senators who bucked the party and helped derail their effort to repeal President
Collins says she decided to back the tax bill after leaders agreed to let taxpayers deduct up to
Senate Majority Leader
One prior holdout,
With the party controlling the
Republican leaders have made changes to the tax bill to win enough votes to clear the
The original
There would also be lower taxes on companies with owners that pay individual tax rates on profits, and a more gradual elimination of tax breaks for firms buying equipment.
To pay for these changes, the new plan doesn't fully repeal the alternative minimum tax on high-income families. And it would increase a one-time tax on profits held overseas by
Senate Majority Leader
McConnell talked to reporters after a closed-door meeting of Republican senators.
One prior hold out, Sen.
The original
Still, Collins was coy about whether she would ultimately vote for the bill.
Smiling, Collins said, "I'm pleased with the progress that's being made but I'll announce my position in a couple of hours."
The No. 2 Republican in the
That's the word on Friday from
Cornyn made the comments after
The sweeping tax overhaul would slash the corporate tax rate and ease some taxes on individuals.
A key Republican,
Johnson's support for the legislation is a major boost for Majority Leader
In a radio interview with WISN in
At issue were millions of businesses whose owners report the firm's profits on their individual tax returns. The vast majority of
President
In an early morning Friday tweet, Trump wrote: "This is a once in a generation chance. Obstructionist
The overall legislation would bring the first overhaul of the



Morgan group joins anti-abortion fight
The Latest: Senate eliminates break for conservative college
Advisor News
- Using digital retirement modeling to strengthen client understanding
- Fear of outliving money at a record high
- Cognitive decline is a growing threat to financial security
- Two lessons career changers wish they knew before starting the CFP journey
- Americans less confident about retirement as worries grow
More Advisor NewsAnnuity News
- CareScout Joins Ensight™ Intelligent Quote LTC & Life Marketplace
- Axonic Insurance Annuities, Built for Banks, Broker-Dealers and RIAs, Now Available through WealthVest.
- Allianz Life Adds New Accumulation-Focused Fixed Index Annuities
- Allianz Life adds new accumulation-focused FIAs
- Industry objects to ‘tone and tenor’ of draft NAIC Annuity Buyer’s Guide
More Annuity NewsHealth/Employee Benefits News
- After health insurance subsidies end, 30,000 Idahoans will be uninsured, government report says
- Georgia’s ACA enrollment plunges, raising concerns for rural hospitals
- Pending cuts to Georgia Medicaid payments could affect children who need therapy
- Orange schools, teachers union at impasse over health insurance
- Miami judge sides with cancer patient, orders insurer to cover pricey treatment
More Health/Employee Benefits NewsLife Insurance News
- Agam Capital and 1823 Partners Announce Strategic Partnership to Provide Life Insurers with an End-to-End Value Chain Solution
- AM Best Revises Outlooks to Positive for Western & Southern Financial Group, Inc. and Its Subsidiaries
- Principal Financial Group Announces First Quarter 2026 Results
- SBLI Enhances its OmniTrak Term to Deliver Faster Decisions, More Client Coverage, and Improved Pricing
- Life insurance premium surges, but coverage is still falling short for many
More Life Insurance News