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Senate Republicans Permanently Extend Trump Tax Cuts | JQJO

Senate Republicans Permanently Extend Trump Tax Cuts

Senate Republicans Permanently Extend Trump Tax Cuts

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Senate Republicans passed a budget resolution allowing them to permanently extend the 2017 Trump tax cuts without Democratic votes. This requires altering Senate procedures, potentially setting a precedent for future unilateral actions by either party. Republicans believe the long-term benefits of the tax cuts, which lowered individual and corporate tax rates, justify this significant procedural change.

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