Senate passes huge tax cuts after last-minute changes; conference with House next. After winning over last-minute holdouts, Senate Republicans early Saturday approved a massive tax overhaul that provides more than $1 trillion in tax cuts over 10 years, revamps corporate and individual tax rates, expands some credits and eliminates some popular deductions.
Vice President Pence announced the 51-49 vote about 2 a.m.
Senate Majority Leader Mitch McConnell, R-Ky., predicted at an afternoon news conference that the tax overhaul could be completed by Christmas. The immediate priority is to keep the government funded, with the latest House proposal to extend temporary funding from Dec. 8 to 22, he added.
Pretty close vote. What do you all think?
http://www.abc10.com/news/nation-world/gop-tax-bill-gains-support-senate-leaders-work-on-holdouts/495868800?=c
Vice President Pence announced the 51-49 vote about 2 a.m.
Senate Majority Leader Mitch McConnell, R-Ky., predicted at an afternoon news conference that the tax overhaul could be completed by Christmas. The immediate priority is to keep the government funded, with the latest House proposal to extend temporary funding from Dec. 8 to 22, he added.
Pretty close vote. What do you all think?
http://www.abc10.com/news/nation-world/gop-tax-bill-gains-support-senate-leaders-work-on-holdouts/495868800?=c
"For me, it is far better to grasp the Universe as it really is than to persist in delusion, however satisfying and reassuring." - Carl Sagan
