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GOP-led Senate passes $4 trillion budget blueprint in step forward for tax revamp
WASHINGTON (AP) — Republicans on Thursday muscled a $4 trillion budget through the Senate in a major step forward for President Donald Trump's ambitious promise of "massive tax cuts and reform." The 51-49 vote sets the stage for debate later this year to dramatically overhaul the U.S. tax code for the first time in three decades, cutting rates for individuals and corporations while eliminating trillions of dollars of deductions and special interest tax breaks.