House Passes Tax Bill in Major Step Toward Overhaul
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The House passed a sweeping rewrite of the tax code on Thursday, taking a significant leap forward as Republicans seek to enact $1.5 trillion in tax cuts for businesses and individuals and deliver the first major legislative achievement of President Trump’s tenure.
The House voted to 227 to 205 to approve the bill, shortly after Mr. Trump came to Capitol Hill to address House Republicans.
Thirteen Republicans voted against the bill, and zero Democrats voted for it. The Republicans who voted no were from New York, New Jersey, California and North Carolina.
The tax overhaul still faces significant obstacles, as Republicans must align the House legislation with a bill that is working its way through the Senate Finance Committee this week and contains big differences that will have to be bridged.
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