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Trump Backs $4.5T Tax Cut in House GOP Budget Plan
By
Erik Wasson
News February 19, 2025 at 12:08 PM
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What You Need To Know
- Senate Republicans would prefer to fund priorities like defense and border enforcement first and resolve contentious tax disputes later.
- The House GOP wants to allow $4.5 trillion in tax cuts in exchange for $2 trillion in spending cuts and a $4 trillion increase in the debt ceiling.
- Trump’s public declaration could help House Speaker Mike Johnson gather the votes he needs to pass the budget.
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