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Baucus Says Tax Cut Will Help Boost Economy

By Beacon Staff

WASHINGTON – Montana Sen. Max Baucus says his budget amendment to extend tax reductions for low-income workers, married couples and people with children would help boost Montana’s economy.

Baucus, chairman of the Senate Finance Committee, offered the amendment to a Senate budget resolution and it was adopted 99-1 Thursday. The votes were mostly symbolic as the annual budget resolution is nonbinding and will not be signed by President Bush.

Baucus said the continued tax cuts would be the “shot in the arm” that families need. The tax amendment would also increase benefits for homeowners and members of the military.

Montana Sen. Jon Tester, a Democrat, supported Baucus’ amendment.

The Senate is expected to finish its work on the budget by the end of the week.