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106: WaPo Economics Columnist Catherine Rampell

The Al Franken Podcast

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The Debt Ceiling and the Trump Tax Cut

The Republicans in the house basically with that vote would have increased the deficit by $120 billion. The richest people got the biggest tax cuts, but almost everyone else got at least a little bit chopped off of their taxes. Most Americans did get a tax cut from the Trump tax bill. Democrats were against those tax cuts when they were passed, but I think it is very unlikely that they will.

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