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Tax Cuts

Talk of tax cuts continues to dominate both chambers of Congress. The tax writing committee of the House this week approved a second phase of President Bush's proposed $1.6 trillion package of tax cuts, this one eliminating the so-called marriage penalty and increasing the child tax credit. But on the Senate side, talk turned to another concept -- the granting of a swift tax rebate that might pump new money into the consumer economy relatively quickly. No sooner did one Republican mention the idea than several leading Democrats adopted it. NPR's Steve Inskeep reports.

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