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Bush Eyes Tax Cut on Savings Accounts

President George Bush would like to make his tax cuts permanent, and add some new ones. The most dramatic new proposal from the White House would allow Americans to pay less tax on their savings. Many Democrats contend it's just another tax break for the wealthy. NPR's Kathleen Schalch reports.

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Kathleen Schalch
Kathleen Schalch is a general assignment reporter on NPR's national desk. Her coverage can be heard on NPR's award-winning newsmagazines Morning Edition, All Things Considered, and Weekend Edition.