Flashtraffic: Future of proposed tax cuts unclear
President Bush's tax-cut plan is in jeopardy.
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President Bush's tax-cut plan is in jeopardy. In a narrow vote-215-212-the House approved the 2004 federal budget with the full $726 billion in accelerated tax cuts, as the White House wanted. But the Senate-by a 56-44 vote-approved a 2004 federal budget plan with only $350 billion in tax cuts. "I would prefer no tax cut at this time, but that is not politically popular," said Sen. John Breaux (D-La.). Democratic National Committee chairman Terry McAuliffe was more blunt: "There is no coalition of the willing in the U.S. Senate when it comes to Bush's tax cut." But Jonathan Grella, spokesman for House Majority Leader Tom DeLay, says the GOP will not give up. "Even with the president focused on the war, we're aggressively passing our agenda."
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