“The House of Representatives put the U.S. on the brink of a $1.5 trillion tax cut and the largest structural overhaul of the tax system since 1986,” the Wall Street Journal reports.
“The final version of the Tax Cuts and Jobs Act sailed through the House Tuesday afternoon on a 227-203 vote without a hint of last-minute drama. All present Democrats and just 12 Republicans, largely from high-tax states, voted no.”
NPR: “Senate Republicans are now set to debate the bill and could vote Tuesday evening. That means that by the time many Americans go to bed on Tuesday, Congress may have passed Republicans’ tax overhaul bill.”
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