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Senate Unveils Plan to Fast-Track Tax Cuts, Debt Ceiling Hike
By
Erik Wasson
News April 02, 2025 at 03:28 PM
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What You Need To Know
- Republicans are also hoping to include additional tax measures to the bill, including raising the state and local tax deduction cap.
- Lawmakers, however, have to decide which spending to cut and which tax reductions to prioritize.
- That will be negotiated in the coming weeks.
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