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December 14, 2017
WASHINGTON — Confident congressional Republicans forged an agreement Wednesday on a major overhaul of the nation's tax laws that would provide generous tax cuts for corporations and the wealthiest Americans — Donald Trump among them — and deliver the first major legislative accomplishment to the GOP president.
Middle- and low-income families would get smaller tax cuts, though Trump and GOP leaders have billed the package as a huge benefit for the middle class. The measure would scrap a major tax requirement of Barack Obama's Affordable Care Act, a step toward the ultimate GOP goal of unraveling the law.
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