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MAY 09, 2014 - Huffington Post

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House Votes To Make Corporate Tax Credit Permanent

WASHINGTON (AP) — The House voted Friday to make permanent a tax credit that rewards businesses for investing in research and development, adding $156 billion to the budget deficit over the next decade. The tax credit expired at the beginning of the year, along with more than 50 other temporary tax breaks that Congress routinely extends. House Republicans said Friday's vote was part of an effort to add more certainty to the tax code. In the coming weeks, they hope to vote on bills to make more temporary tax breaks permanent, though they have yet to decide on which ones. "Beyond having the ... Read More

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