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Conference committee reaches deal on tax cuts Jeannie Shawl at 9:24 AM ET A House-Senate conference committee has approved a $145 billion tax cut package, which includes a five-year extension of the $1,000 child tax credit, a four-year extension of tax breaks meant to reduce the marriage penalty on two-income families, and a six-year extension of a provision that allows more people to qualify for the lowest tax rate. Link | 
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