Biden Emphasizes Peaceful Transition and Unity After Trump's Victory

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Source: POLITICO
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Senator Mike Crapo, a cautious and detail-oriented Republican from Idaho, is set to lead the Senate Finance Committee, partnering with Donald Trump on tax policy. Crapo, known for his consensus-seeking approach, will face challenges in extending the 2017 Tax Cuts and Jobs Act, which is set to expire in 2025. His stance on not financing tax cuts with offsetting savings may clash with House Republicans concerned about the deficit. Crapo's free-trade views also contrast with Trump's tariff proposals, highlighting potential policy conflicts.

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