Senate votes to open debate on bill to renew expired tax breaks that would add $85B to deficit

  • by: Associated Press
  • Updated: May 13, 2014 - 6:50 PM

WASHINGTON — A bill to renew more than 50 expired tax breaks for businesses and individuals cleared a key hurdle in the Senate Tuesday, giving hope to millions of taxpayers who would otherwise be hit with unwelcome tax increases next spring.

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