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Senate GOP's Budget Plan: $1.5T In Tax Cuts, $5T Debt Limit Hike—What You Need To Know

Senate
International Business Times Fews App News Provider
Fews App Post Time ha 9d

Using the "reconciliation" process, Republicans can pass the budget with a simple majority, avoiding the usual 60-vote requirement in the Senate. AFP / SAUL LOEB Senate Republicans introduced a new budget plan on Wednesday that would allow for $1. 5 trillion in new tax cuts.

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