The House of Representatives has already passed three tax cuts and had the details of a fourth nearly pinned down, cutting taxes by $94.5 billion over the next five years.
The trio of approved bills are targeted at reconstruction of the Gulf Coast ($7.1 billion), U.S. troops serving in Iraq ($153 million) and an estimated 17 million taxpayers who were on the verge of having to pay the alternative minimum tax ($31.2 billion). The Senate has already passed similar measures.
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