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One Big Beautiful Bill Slashes Seniors' Tax Burden
July 17, 2025
WASHINGTON, July 17 -- Sen. Mike Crapo, R-Idaho, chairman of the Senate Finance Committee, issued the following news release:

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The One Big Beautiful Bill Slashes Seniors' Tax Burden

The One Big Beautiful Bill Act delivers on President Trump's promise to seniors--providing significant tax relief to low- and middle-income seniors with a bonus exemption.

"This legislation reflects our commitment to care for our seniors--ensurin . . .

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