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White House Says Failure to Pass Tax Bill Would Be ‘Ultimate Betrayal’
News May 21, 2025 at 03:16 PM
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What You Need To Know
- Lawmakers reached a deal to raise the SALT deduction cap to $40,000.
- But some hardliners are still threatening to block the bill.
- The increased Medicaid cuts demanded by ultraconservatives in the House could provoke a backlash in the Senate.
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