Finally, congressional Republicans have managed to pass one of President Donald Trump’s key campaign promised agenda items. After months of failure on healthcare, Republicans managed to agree on a joint tax plan and then muster just enough votes to get it passed by both the House, Senate and House again.
The House voted to approve the tax reform bill on Tuesday, but as the bill went to the Senate for a vote, it was discovered that a glitch had accidently omitted 3 sections of the bill, requiring a second vote by the House. In the meantime, the Senate voted to approve the bill later Tuesday evening.
Wednesday morning, the House again voted and passed the full final version and the momentous tax cuts bill now sets on the desk of President Trump, awaiting his signature.
(Fox News) – The House gave the final stamp of approval Wednesday to a sweeping tax reform package, handing President Trump his first major legislative victory and most Americans a tax cut starting next year.
With a 224-201 House vote, Congress sent the $1.5 trillion package to Trump’s desk. The biggest rewrite of the federal tax code since the Reagan administration will usher in steep rate cuts for American companies, double the deduction millions of families claim on their annual returns and make a host of other changes taking effect in a matter of weeks.
“This bill means more take-home pay. It will be an incredible Christmas gift for hard-working Americans,” Trump said during a Cabinet meeting moments before the vote.
While the bill already earned House approval earlier Tuesday, the Senate had to ship it back for a final vote after stripping out three provisions that violated chamber rules, in a last-minute glitch. Twelve Republicans once again defected Wednesday to vote with Democrats in opposition…
Yesterday afternoon President Donald Trump praised congressional Republicans for passing the historic tax reform bill , which will give millions of American families a bit of tax relief beginning inn 2018. Now we hope and pray that corporate America responds the same way it did when the tax reform bill was passed when Ronald Reagan was president.