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Sen. Crapo: One Big Beautiful Bill Achieves Record Savings
August 12, 2025
WASHINGTON, Aug. 12 -- Sen. Mike Crapo, R-Idaho, chairman of the Senate Finance Committee, issued the following news release:

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One Big Beautiful Bill Achieves Record Savings

The One Big Beautiful Bill Act achieves record savings by making commonsense reforms to federal spending programs and rolling back Biden Administration subsidies and regulations.

"By pairing the largest reduction in mandatory spending in history with measures that . . .

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