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Keyword: promise

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  • Republicans scale back campaign tax-cut vow

    11/11/2002 8:49:13 AM PST · by zingzang · 39 replies · 210+ views
    Washington Post ^ | 11/11/02 | Jonathan Weisman and Dana Milbank
    <p>WASHINGTON — After talking expansively about an aggressive new round of tax cuts, Republicans are ratcheting back expectations and hoping to press forward next year with a modest tax agenda that's probably more symbolic than substantive, GOP congressional sources say.</p> <p>The tax-cut strategy will be twofold: a largely political push to make last year's 10-year, $1.35 trillion tax cut permanent after 2010; and a "stimulus" package tied to economic recovery that could include an immediate doubling of the child credit, raising contribution limits to retirement savings accounts and expanding tax breaks for business investment. Senior White House and congressional officials said it is all but certain they will not pursue a capital-gains tax cut, an idea that was gaining currency in the run-up to last week's election.</p>