WASHINGTON (AP) - The House has passed a $60 billion tax relief
bill with incentives for solar, wind and other renewable energy
sources and extension of many popular tax breaks, such as credit
for college tuition.
The House action was its third this week dealing with critical
tax issues. It has also approved adjustments to the alternative
minimum tax to shield millions of people from that levy and offered
tax relief to disaster victims.
The future of the measures is uncertain. The Senate passed its
tax break legislation earlier this week and insists that the
legislation won't become law unless the House accepts the Senate
(Copyright 2008 by The Associated Press. All Rights Reserved.)
To comment, the following rules must be followed:
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Questions may be sent to firstname.lastname@example.org. Please provide detailed information.