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WASHINGTON, Sept. 21 (Xinhuanet) -- The US House of Representatives on
Wednesday approved a 6.1-billion-dollar packageof tax breaks to help families
recover from Hurricane Katrina which hit the Gulf Coast areas late last month.
The House passed the bill with a vote of 422-0 and the bill hasbeen sent to
the US Senate, where lawmakers hoped to quickly give their final approval.
The package offers tax assistance to people and businesses dislocated by
Hurricane Katrina and expanded tax breaks for some charitable donations to help
them.
The tax breaks waive penalties for hurricane victims who need cash for
expenses and recovery and want to use money stashed in protected retirement
accounts.
Also under the bill, families that rely on the child tax creditand the
earned income tax credit could protect those benefits throughout job losses,
residency changes and family separations caused by Hurricane Katrina. Enditem
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