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Top Finance Republican Blasts $78 Billion Tax Bill

Sen. Mike Crapo, the top Republican on the Finance Committee, made it clear again Wednesday that he does not support the $78 billion tax bill that would expand the Child Tax Credit and restore a set of business tax breaks, with the cost covered by the elimination of the pandemic-era employee retention tax credit. The bill, negotiated by Democratic Senate Finance Committee Chairman Ron Wyden and Republican House Ways and Means Chairman Jason Smith, passed the House easily in January in a bipartis ....

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