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Senate Budget Committee Approves GOP Tax Bill

(L-R) Senate Majority Leader Mitch McConnell, Sen. Orrin Hatch, Treasury Secretary Steve Mnuchin and Director of the National Economic Council Gary Cohn introduce the Republican tax reform plan at the U.S. Capitol in Washington, U.S., November 9, 2017. REUTERS/Aaron P. Bernstein(L-R) Senate Majority Leader Mitch McConnell, Sen. Orrin Hatch, Treasury Secretary Steve Mnuchin and Director of the National Economic Council Gary Cohn introduce the Republican tax reform plan at the U.S. Capitol in Washington, U.S., November 9, 2017. REUTERS/Aaron P. Bernstein

WASHINGTON (Reuters) – The U.S. Senate Budget Committee voted along party lines on Tuesday to send a Republican tax bill to the full Senate for a vote.

The 12-to-11 vote “moves us one step closer to a simpler, fairer, and more transparent tax system,” Budget Committee Chairman Mike Enzi said in a statement.

The full Senate is expected to begin debating the tax bill and vote on it sometime this week. The Republican-controlled House of Representatives has already passed its version of a package of tax cuts.

(Reporting by Amanda Becker; Editing by Frances Kerry)

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