Quote:
Originally Posted by Mick
BREAKING: U.S House of Representatives has just passed President Donald Trump's & Republican Tax Reform bill...
The bill passed on a 227-203 vote.
Now it's on to the Senate.
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Where it's encountered problems!
Quote:
Tax reform bill hits snag after House says it will need to revote
The Republican march towards tax cuts hit a hitch on Tuesday as the House of Representatives announced it would have to vote for a second time on the bill just hours after passing it.
Soon after the first House vote, the bill ran into trouble in the Senate, where two provisions fell afoul of that chamber’s strict budget rules, forcing their removal before the senators could proceed, according to a Republican aide.
If the Senate passes the bill in modified form on Tuesday night, it will return to the House for re-approval on Wednesday.
The problematic provisions concerned college savings accounts and an exemption for some universities from an endowment tax.
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https://www.ft.com/content/875db9ec-...f-02569221b144