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The Senate will hold a long-awaited vote July 25 to begin debate on legislation intended to repeal a majority of the Affordable Care Act, Majority Leader Mitch McConnell, R-Ky., announced during floor remarks July 24.
Will tax reform necessarily contribute to economic growth? It’s tempting to answer with a resounding yes, but the better response is more cautious. The outcome depends on the details, suggesting that stakeholders would do well to manage their expectations.