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Trump Tax Cuts Rejected by House Panel
News May 16, 2025 at 01:20 PM
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What You Need To Know
- Four ultraconservatives want deeper cuts to Medicaid and a faster phase-out of clean energy tax credits.
- It’s incredibly rare for bills to fail at this step in the process.
- The setback could be temporary, and the panel can still approve the bill once the GOP differences are resolved.
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