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Possible Tax Deal Would Give Big Wins to Both Parties

An eleventh-hour drive by the White House and Congress to strike a deal extending dozens of mostly obscure tax cuts could end up delivering major political victories for President Barack Obama and House Speaker Paul Ryan. With little more than a year left in office and facing a frequently hostile GOP-led Congress, Obama was hoping an agreement would burnish his legacy by making permanent some expiring tax cuts for millions of families with lower-to middle incomes, younger children and...

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