White House Rethinks Tax Hikes
Obama Open to Revising Plan to Cap Breaks on Mortgage Interest and Donations
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Another Democrat, Sen. Maria Cantwell of Washington, questioned why the administration wouldn't look for savings in the tax code through a comprehensive overhaul. "Why not look at a broader approach to tax policy, [rather] than coming in with this proposed change to marginal rates?" Ms. Cantwell said.
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