Ahead of Key Tax Fight, Republicans Win Senate Control

News November 06, 2024 at 10:41 AM
Share & Print

What You Need To Know

  • Republicans have said they intend to extend Trump's 2017 tax breaks and roll back regulations on energy production.
  • But the balance of power going into the fight over how to handle tax cuts' expiration will also depend on control of the House, which remains unclear.
  • Projected Republican control of the Senate, though, dashes progressives' hopes of shifting the tax burden toward corporations and wealthy individuals.
The U.S. Capitol Building