US Treasury Urges Congress to Remove 'Revenge Tax' from Budget Bill
TL;DR
The Senate is considering a bill that includes a 10-year moratorium on enforcing state AI laws, with debates over its scope and impact on broadband funding, amid mixed support from politicians and industry groups.
Topics:nationpolitics#ai-regulation#broadband-funding#moratorium#parliamentarian#politics#senate-bill
- Bessent asks lawmakers to drop megabill’s ‘revenge tax,’ citing progress in global talks Politico
- Treasury Deal Kills ‘Revenge Tax’ That Spooked Wall Street Bloomberg
- "Revenge tax" being yanked from "big beautiful bill," Bessent says Axios
- US Treasury asks Congress to scrap retaliatory tax measure in Trump budget bill Financial Times
- Bessent calls on Congress to scrap ‘revenge tax’ from Trump bill after G7 strikes deal The Hill
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