The Senate Finance Committee has approved approximately $522 billion in tax cuts, incentives and investments by a vote of 14-9.
All the Republicans on the committee voted against the measure, except for Sen. Olympia Snowe, R-Maine. The bill includes $342 billion in tax cuts for families and businesses, including a one-year patch for the alternative minimum tax, and will be combined with other spending measures. The Senate Appropriations Committee voted 21-9 on Tuesday to approve $366 billion in spending.
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