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Corporate funding is provided by mutual of america designing customized individual and Group Retirement products. Thats why were your retirement company. Additional support has been provided by and by the corporation for public broadcasting, and by contributions to your pbs station from viewers like you. Thank you. From the tisch wnet studios at Lincoln Center in new york, hari sreenivasan. Sreenivasan good evening and thank you for joining us. The republican tax reform bill that would cut business and personal taxes by 1. 5 trillion over the next decade is heading for a u. S. Senate showdown. Like the house of representatives bill that passed three days ago, the senate plan would also lower the top Corporate Tax rate from 35 to 20 , lower income taxes for roughly half of u. S. Households, end deductions for state and local taxes and student loan interest, double the estate Tax Exemption from 5. 5 million to 11 million. Republicans have only a twoseat majority in the senate, and at lea
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