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House Ways and Means Committee Chairman (R) Jason Smith Talks SALT

Bloomberg Talks

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Balancing the Budget: A Tax Relief Strategy Amidst Inflation

This chapter explores the ambitious objective of finalizing a comprehensive budget agreement that addresses tax cuts and spending by a specific deadline. The discussion highlights key aspects like tax relief for different groups, potential Medicaid cuts, and the political balancing act necessary to satisfy congressional factions amid rising inflation.

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