Thursday, May 04, 2006

Republicans wrestle with tax-cut extension

Republicans wrestle with tax-cut extension

Despite pressure by the president to come to terms, lawmakers are still trying to reconcile details of a plan to extend tax cuts until 2010. To speed the process, congressional leaders agreed to split the issue and craft two separate bills, one dealing with House-approved capital gains and dividends language and Senate-approved language on the AMT.

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