House Passes Jobs Bill With Buyout Managers’ Tax Rise

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May 28 (Bloomberg) -- The U.S. House approved legislation to extend unemployment insurance, restore some tax breaks and raise taxes on managers of buyout funds and other investment partnerships. Lawmakers voted 215-204, largely along party lines, for the legislation costing about $112 billion. The Senate plans to consider the plan during the week of June 7 after lawmakers’ Memorial Day recess. Bloomberg's Lori Rothman and Hans Nichols report. (Source: Bloomberg)


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