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House tax cut bill backs business interests in five year plan
The Republican tax cut package blends middle class benefits with provisions favoring insurance, banks, and overseas firms as well as small businesses. It expands the research and development credit and extends it retroactively for 20 months at a $3.9 billion cost, while Clinton signals a veto over budget-surplus funded measures.
MENTIONED IN THIS ARTICLE
Washington
Ile
House
Clinton
Nonpartisan Center For Responsive Politics
Ways and Means Committee
Monica Maguire
National Association of Manufacturers
Coopers & Lybrand
U.S
Clint Stretch
Deloitte