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Senate awaiting word on reconciliation to push through tax-cut package

Summary by Fox Business
Senate Republicans are expected to get news this week that will play an important role in shaping their plans for moving forward with their tax-cut package and prevent the expiration of key provisions of the Tax Cuts and Jobs Act of 2017, which would lead to trillions of dollars in tax increases starting next year.GOP lawmakers are awaiting a decision by the Senate parliamentarian that will determine whether they can draft their tax bill using w…

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Fox Business broke the news in United States on Tuesday, April 1, 2025.
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