Senate Plan Would Repeal Mandate, Sunset Cuts: Tax Debate Update
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The Senate tax-writing committee hammered out the details of its tax cut proposal Tuesday, while the House may vote on its bill as soon as Thursday. Here are the latest developments, updated throughout the day:
Senate Finance Chairman Orrin Hatch released his modified tax proposal late Tuesday that would make middle-class breaks and other provisions temporary in a bid to comply with the Senate’s rigid fiscal rules.