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House, Senate Pass Katrina Tax Cut Bills

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The House and Senate each passed tax cut bills Thursday aimed at helping victims of Hurricane Katrina as government money continues to flow in response to the devastation.

The tax cuts are designed to give people affected by the hurricane easier access to their retirement savings and to encourage charitable giving, among other incentives aimed at easing suffering from Katrina. Each chamber passed its bill by a voice vote.

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At www.guardian.co.uk

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