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US Senate passes sweeping tax cuts and spending bill

The U.S. Senate has passed the sweeping tax cut and spending bill. VP Vance vote is used to break the tie.

After passing in the Senate, the bill moves back to the House of Representatives, where Republicans once again face the challenge of reconciling internal divisions to secure passage. The Pres. has expressed the desire to have it on his desk for final signing on July 4.

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This article was written by Greg Michalowski at www.forexlive.com.

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