WASHINGTON-President George W. Bush's tax package may receive most of the media coverage, but it's not the only tax relief bill that has been placed before Congress. After months of stalling in the House, legislation to expand subchapter S tax provisions for closely held-those with fewer than 75 stockholders-banks and...
WASHINGTON-Senator James Jeffords (I-Vt.) announced he would leave the Republican party prior to the Memorial Day recess. He would return June 5 officially as an Independent caucusing with the Democrats. The move effectively broke the even split in the Senate to 50-49-1 in favor of the Democrats, and has implications...