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Taxes would climb more widely in 2026, when the individual cuts from the 2017 GOP tax law are set to expire and the SALT cap would be extended under Democrats’ plan.
The amendment would authorize $500 million a year from fiscal 2022 through fiscal 2026 in the form of foreign military financing so Ukraine can buy U.S.-made weapons.
Waters’ draft bill would increase the number of vouchers incrementally for five years and then guarantee subsidies for all who qualify starting in 2026.