House of Representatives Approves Tax Reform Bill, Which Now Heads to Senate!

house of representatives pass tax bill

House Speaker Paul D. Ryan (R-Wis.) listens during a news conference after a GOP conference meeting at the U.S. Capitol on Tuesday. (Andrew Harrer/Bloomberg)

According to CNN, The House of Representatives approved the final version of the first overhaul of the U.S tax code in more than thirty years, handing President Donald Trump and congressional Republicans their most significant legislative victory of 2017.

The bill passed along sharp partisan lines, 227 – 203, with 12 House GOP members opposing the legislation, and no Democrats voting for it.

The Senate is expected to clear the bill later on Tuesday, with Vice President Mike Pence presiding over the vote. The measure then heads to the president’s desk for his signature before the Christmas holiday making good on the Republican party’s promise to enact tax relief by the end of the year.

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