Republicans Brace for High-Stakes Tax Cut Showdown

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Source: ABC News
TL;DR Summary

Republicans, led by President-elect Donald Trump, are planning an ambitious 100-day agenda focused on renewing $4 trillion in expiring tax cuts, reducing government spending on programs like food stamps and health care subsidies, and rolling back Biden-era green energy initiatives. The agenda aims to address income inequality and federal deficits, with Republicans arguing that tax cuts will spur economic growth. The GOP plans to use the reconciliation process to pass these measures, despite expected resistance from Democrats.

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