WASHINGTON—As Congress begins considering the next round of economic-relief legislation, some lawmakers are pressing to revisit a decision to give unprofitable companies more than $150 billion in tax breaks. Republican-sponsored provisions from the March stimulus law let companies offset their losses against previously taxed profits and get quick refunds. Republicans said the provisions would offer much-needed relief to businesses hurt by the pandemic.

Source: Wall Street Journal May 06, 2020 12:03 UTC