The Economic Growth and Tax Relief Reconciliation Act of 2001 was a major piece of tax legislation passed by the 107th United States Congress and signed by President George W. Bush. It is also known b
President George W. Bush signing the Economic Growth and Tax Relief Reconciliation Act of 2001 in the White House East Room on June 7, 2001
Budget reconciliation is a special parliamentary procedure of the United States Congress set up to expedite the passage of certain federal budget legislation in the Senate. The procedure overrides the
Economic Growth and Tax Relief Reconciliation Act of 2001
…May 2001, and signed into law by Bush on June 7, 2001. Due to the narrow Republican majority in the United States Senate, EGTRRA was passed using the reconciliation process, which bypasses the Senate filibuster. EGTRRA lowered federal income tax rates, reducing the top tax rate from 39.6 percent to 35 percent and…
Senator Robert Byrd