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US house passes $78B tax bill in rare bipartisan vote
The House passed bipartisan tax legislation Wednesday evening that would expand the Child Tax Credit and restore several business tax breaks — a rare feat in an otherwise bitterly divided Congress that has frequently suffered crippling dysfunction. The $78 billion tax package was sent to the Senate on a vote of 357 to 70, with strong support from both Republicans and Democrats. It awaits an uncertain future in the upper chamber, with some Senate Republicans calling for hearings and others eager to make changes in the bill. Some House progressives voted against the package, saying it wouldn’t do enough to slash ... (full story)