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GOP Pushes USD 4.5 Trillion Tax Cuts, Sparks Budget Showdown

United States: Republican senators are set to meet with President Donald Trump at the White House on Wednesday morning to discuss their financial plans. Their agenda includes significant tax cuts and reductions in government spending. However, they are delaying discussions on some of the more controversial issues, such as how to fund the plan and its overall financial impact.

The Senate GOP’s budget proposal is intended to align with the House Republicans’ $4.5 trillion tax reduction plan, which also includes cutting about $2 trillion from healthcare and other social programs. If the Senate passes its version, it would be a major step toward unifying the legislative effort, according to AP News.

“We are optimistic that we can pass a budget resolution this week, which will be a key step in moving forward with legislation,” said Senate Majority Leader John Thune, R-S.D. “We are determined to keep pushing ahead...

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