WASHINGTON (AP) – The Senate narrowly OKs the near-$1.5 trillion tax bill, pushing President Trump and GOP close to the year’s biggest legislative win.
The vote was 51-49, largely along party lines. Not a single Democrat voted in favor of the legislation, which was crafted behind closed doors by Senate Republican leaders. Tennessee Sen. Bob Corker, who calls the growing debt a national security threat, joined Democrats in opposing the bill.
The bill lays the bulk of its tax cuts on businesses and higher-earning individuals and gives more modest breaks to others.
It would bring the first major overhaul of the U.S. tax system in three decades. The measure must be reconciled with a version the House passed last month.Stay with KRON4 for updates. The KRON4 Weekend News starts at 7 p.m.WHAT OTHERS ARE CLICKING ON:
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