Senate passes tax-cut bill in milestone move toward overhaul
The vote represents a major victory for Donald Trump, who promised to sign tax-cut legislation before the end of 2017.
Senate Republicans narrowly approved the most sweeping rewrite of the US tax code in three decades, slashing the corporate tax rate and providing temporary tax-rate cuts for most Americans.
The 51-49 vote – achieved just before 2 am Saturday in Washington and only after closed-door deal-making with dissident senators – brings the GOP close to delivering a much-needed policy win for their party and President Donald Trump. Trump has promised to sign tax-cut legislation before the end of 2017.
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