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Now that a debt default has been diverted, Republicans in the House of Representatives are turning toward taxes. They’ve laid down their opening marker. It can pass the House, but not the Senate. GOPers’ decision to pay for the cost of their plan by nixing some key green-energy tax breaks in last year’s Inflation Reduction Act is a nonstarter with Congressional Democrats. Also, the package omits provisions that Democratic lawmakers are passionate about, such as expansions to the child tax credit and earned income tax credit.
