House GOP tax plan runs into resistance in Senate

Senate Minority Leader Mitch McConnell of Ky., center, speaks to reporters on Capitol Hill in Washington, Tuesday, Feb. 25, 2014, following a closed-door Republican policy meeting. McConnell says he sees no hope for enactment of tax overhaul legislation this year, and blames the Democrats for trying to use the issue to raise revenue by $1 trillion. The Kentucky Republican said the object of overhauling the tax code should be making the nation more competitive, not raising more money for the government. From left are, Sen. John Barrasso, R-Wyo., Sen. John Thune, R-S.D., McConnell, and Senate Minority Whip John Cornyn of Texas. (AP Photo/J. Scott Applewhite)WASHINGTON (AP) — House Republicans haven’t even officially unveiled their massive plan to overhaul the tax code and the top Republican in the Senate is already pronouncing it dead.

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