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US debt limit showdown looms earlier as wealthy bet on Trump tax cut
Published Thu, Jun 8, 2017 · 09:50 PM
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Washington
THE US Congress may be headed for a reckoning with the federal debt limit within weeks, thanks to wealthy Americans and corporations deferring tax payments in the hope that they would benefit from the lower tax rates promised by President Donald Trump.
Mr Trump promised tax cuts during his election campaign last …
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