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US Politics

GOP proposes repealing Biden’s student debt relief to fund new tax cuts for the rich

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Republicans are proposing a slew of budget cuts to pay for a new $4.6 trillion tax cut package.

The new tax cuts are estimated to cost nearly $5 trillion in the next decade .

GOP leaders have also estimated that President-elect Donald Trump's proposed new tariffs would bring in more than half the revenue needed to offset the cuts.

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