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President Donald Trump speaks on tax reform in the Grand Foyer of the White House, Wednesday, Dec. 13, 2017, in Washington. (AP Photo/Evan Vucci)

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Generous tax cuts for corporations and the wealthiest Americans would be delivered in a sweeping overhaul of the tax laws, under a new agreement crafted by Republicans in Congress.

By By STEPHEN OHLEMACHER, ANDREW TAYLOR & MARCY GORDON, AP December 14, 2017