- Not enactedThe President has not signed this bill
- The senate has not voted
- The house Passed June 12th, 2014Roll Call Vote 272 Yea / 144 Nay
Committee on Ways and MeansIntroducedApril 10th, 2014
- house Committees
These deductions are lifesavers for businesses trying to survive in a post-recession economy, and dropping the total dollar amount of such deductions would railroad them.
Substantially lowering tax deductions for businesses would aid in making sure that those businesses do not overextend their credit lines. Increases the deficit by $73 billion over the next decade.