(Bloomberg) -- GOP tax writers in the House and Senatescoured the U.S. tax code Thursday and shook the couch cushions forloose change, as one member put it, in an all-day struggle to findways to pay for the deep tax cuts their leadersand President Donald Trump have promised.

By day’s end, the House Ways and Means Committee had hammeredtogether a bill and sent it toward the House floor for a votepromised next week, while the Senate Finance Committee revealed aproposal it intends to mark up on Monday.

But there’s an elephant in the room. Both plans contain nearly$1.5 trillion in red ink in the first 10 years.

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