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A major overhaul of the nation’s tax laws that would provide generous tax cuts for corporations and the wealthiest Americans. Confident congressional Republicans forged an agreement.
Democrats argued that the unpopularity of the tax bill with its deep cuts for business and the wealthy and modest changes for many Americans made their votes relatively easy.
The latest U.S. Senate version of a Republican tax bill would balloon the federal budget deficit and hurt poor Americans more than first estimated.
It’s an effort to mollify deficit hawks who worry that tax cuts for businesses and individuals will add to the nation’s already mounting debt.
Republican efforts to dismantle the law collapsed this past summer as moderate Republicans joined with Democrats in rejecting the repeal. Will this be another setback?
The autistic girl wandered away from her home Monday evening and was quickly reported missing, Hillsborough County Sheriff Chad Chronister said.
Democrats have immediately seized on the election-year ruling.
The action injects immediate uncertainty into the legal and political calendar over the next several months.
A House version of the bill is ready for a vote by the full chamber but currently isn’t scheduled for a reading.