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Tax Rebate

NPR's David Welna reports on the Democratic tax-cut proposal. Led by Senate Minority Leader Tom Daschle, Democrats are pushing for a $300 rebate to every taxpayer (and a $600 rebate to every couple), using about $60 billion from the budget surplus. They are also proposing an immediate cut in the lowest tax rate. Their proposal would be separate from President Bush's signature $1.6 trillion tax-cut plan, and Republicans fear that such a proposal would take the momentum away from Mr. Bush's program.

Copyright 2001 NPR

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