Senator Warren announced a $67 billion tax break for corporations, criticizing retroactive benefits in new tax legislation.
Quiver AI Summary
U.S. Senator Elizabeth Warren has released a new analysis from the Joint Committee on Taxation (JCT), highlighting that President Trump's proposed "Big, Beautiful Bill" will provide $67 billion in retroactive tax breaks to corporations for research conducted in previous years. This analysis follows a request from Warren regarding the bill's implications.
Warren criticized the legislation, stating, “Next year, the federal government will spend five times more on these handouts than what it spends annually on childcare.” She asserted that the tax breaks reward corporations like Tesla and Amazon for past research instead of incentivizing future projects, disproportionately benefiting large companies over everyday families.
The analysis indicated significant changes in the tax code resulting from the 2017 Tax Cuts and Jobs Act, which had initially restricted immediate expensing of research and experimentation costs, affecting fiscal deductions from 2022 onward. Warren's call for transparency aims to understand the financial implications of these corporate tax incentives.
Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.
Elizabeth Warren Net Worth
Quiver Quantitative estimates that Elizabeth Warren is worth $7.1M, as of August 28th, 2025. This is the 135th highest net worth in Congress, per our live estimates.
Warren has approximately $0 invested in publicly traded assets which Quiver is able to track live.
You can track Elizabeth Warren's net worth on Quiver Quantitative's politician page for Warren.
Elizabeth Warren Bill Proposals
Here are some bills which have recently been proposed by Elizabeth Warren:
- S.2489: Modular Housing Production Act
- S.2321: Price Gouging Prevention Act of 2025
- S.2300: A bill to amend section 2112 of title 44, United States Code, to appropriately limit donations to Presidential Libraries and Centers.
- S.2209: Warrior Right to Repair Act of 2025
- S.2197: Refund Equality Act of 2025
- S.2191: AMMO Act
You can track bills proposed by Elizabeth Warren on Quiver Quantitative's politician page for Warren.
Elizabeth Warren Fundraising
Elizabeth Warren recently disclosed $686.3K of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 89th most from all Q2 reports we have seen this year. 98.9% came from individual donors.
Warren disclosed $670.2K of spending. This was the 56th most from all Q2 reports we have seen from politicians so far this year.
Warren disclosed $3.9M of cash on hand at the end of the filing period. This was the 61st most from all Q2 reports we have seen this year.
You can see the disclosure here, or track Elizabeth Warren's fundraising on Quiver Quantitative.
