trump tax overhaul adopted by house on to senate
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Trump tax overhaul adopted by House, on to Senate

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Arab Today, arab today Trump tax overhaul adopted by House, on to Senate

Trump addressed lawmakers from his party in person and urged them to get the measure over the finish line
Washington - Arab Today

House Republicans delivered a first-step victory Thursday to US President Donald Trump by passing a landmark tax overhaul, but the debate now shifts to the Senate, where a narrower path to success awaits.

The House of Representatives voted 227 to 205, with all Democrats and at least 13 Republicans opposed, to pass the legislation, hours after Trump addressed lawmakers from his party in person and urged them to get the measure over the finish line.

The bill purports to slash tax rates for US corporations and households, but some Republicans have voiced concern about its particulars, amid concerns the tax cuts could cause the national debt to balloon.

Source:AFP

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