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U.S. House panel advances Democrats' plan to raise taxes on the wealthy, corporations

The Democratic-dominated panel voted 24-19 to approve the revenue-related portions of the “reconciliation” bill, reporting them out of committee for House negotiations, a floor vote and further negotiations with the U.S. Senate and White House.

Representative Stephanie Murphy was the lone Democrat to vote against the bill, as did all Republicans on the panel.


Source: Economy - investing.com

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