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Tax Bill Latest: GOP Private Equity Carveout Amendment Approved

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U.S. Senate Passes Democrats’ Landmark Tax, Climate, Drugs Bill
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The Senate is still voting on a lengthy series of amendments to the Democrats’ $437 billion climate, health and tax package leading up to expected passage of the legislation as soon as Sunday afternoon.

In one of the quirks of Senate rules being employed by Democrats to pass the bill with a simple majority, Republicans have the chance to offer scores of amendments. Most are designed to force Democratic senators to take politically fraught positions on contentious issues such as immigration and taxes.