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Bloomberg Intelligence
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Tax Bill Negotiations and Challenges
This chapter explores the intricate negotiations surrounding the current tax bill in the Senate, with a focus on the contentious SALT cap issue and the need for bipartisan support. It discusses the impact of lawmakers like House Speaker Mike Johnson and critiques from figures like Elon Musk, highlighting how these dynamics influence the legislation's development. Additionally, it examines the delicate balance between moderates and conservatives, emphasizing the potential implications for job growth and legislative consensus.
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