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  Congress works on bills affecting Boeing, Microsoft
Time: 02:08 EST/07:08 GMT | News Source: Seattle PI | Posted By: Byron Hinson

The Senate began debating a corporate tax bill yesterday that affects The Boeing Co. and Microsoft Corp. The House simultaneously started reworking its corporate tax cut, significantly reducing its cost to the U.S. Treasury, and made tentative plans for debate later this month. The two corporate tax bills would eliminate a tax break that saved Boeing more than $195 million and Microsoft more than $89 million in 2002, among other U.S. companies.

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