Sen. Grassley aims for $60 billion in tax cuts [View All]

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http://www.marketwatch.com/news/newsfinder/pulseone.asp?dateid=38664.3989641782-849407915&siteID=mktw&scid=0&doctype=806&property=symb&value=&categories=&

WASHINGTON (MarketWatch) -- Senate Finance Committee Chairman Charles Grassley, R-Iowa, said that he aims for his committee on Thursday to draft legislation to extend tax cuts worth a net $60 billion over the next five years. Panel staff are still looking for around $3 billion to $4 billion in revenue-raising offsets to bring the net total to the $60 billion goal. The package would include a temporary patch to shield middle-income Americans from the alternative minimum tax and extension of the cuts in the capital gains and corporate dividend tax rates.

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