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Mitch McConnell and Harry Reid pull plug on 2014 tax reform

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Senate Minority Leader Mitch McConnell, R-Ky., said he has “no hope” that Congress will be able to pass a comprehensive tax reform measure this year. McConnell, speaking to reporters after a private meeting with rank-and-file Republicans, blamed the hold up on Senate Majority Leader Harry Reid, D-Nev., and President Obama, who he said are insisting tax reform produce $1 trillion in new...

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