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Election Year Politics Could Still Kill Tax Bill

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“The House is expected to give broad bipartisan approval on Wednesday to a $78 billion bill that would expand the child tax credit and restore a set of corporate tax breaks, a rare feat in an election year by a Congress that has labored to legislate,” the New York Times reports.

“But the measure still faces a fraught path to enactment amid political divides over who should benefit the most. The effort, which faces resistance from Senate Republicans and some members of the House in both parties, is a test of whether a divided Congress with painfully thin margins can buck the dysfunction of the Republican-led House, set aside electoral politics and deliver legislation that would contain victories for both parties.”

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