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The Boston Globe

Politics

Senate budget plan seeks to restore cuts, end tax loopholes

WASHINGTON — Senate Democrats unveiled a largely stand-pat budget on Wednesday that calls for $1 trillion in new tax revenues over the coming decade and increases spending while protecting the party’s domestic policy priorities and adding $4 trillion more to the national debt than a slashing alternative from House Republicans.

The plan by Budget Committee Chairwoman Patty Murray of Washington blends about $1 trillion in modest cuts to health care providers, the Pentagon, domestic agencies, and interest payments on the debt with an equal amount in new revenue claimed by closing tax breaks.

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