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Republican Tax Cut Debate

Only Available in Archive Formats.
Republican Tax Cut Debate

Republican Tax Cut Debate

Republican Tax Cut Debate

Only Available in Archive Formats.

NPR's Peter Kenyon reports on the positions that Republicans and Democrats are taking, as the Senate begins debating the Republican tax cut proposal today. The Republican plan would reduce taxes by 792 billion dollars over 10 years. Democrats argue that Republican numerical assumptions are highly misleading: that Congress is going to exceed the spending limits which it imposed on itself, so the budget surplus won't be as large as the Republicans assume.