Senate Passes Tax Reform, Labeled Major Victory For Republicans and President Trump

By  //  December 2, 2017

Share on Facebook Share on Twitter Share on LinkedIn Share on Delicious Digg This Stumble This

vote results 51-49; Senate and House meet Monday to discuss final piece of legislation

ABOVE VIDEO:  Sen. Perdue on how Americans will benefit from tax reform.

(FOX NEWS) – The U.S. Senate voted just before 2 a.m. ET Saturday to pass a sweeping tax overhaul worth roughly $1.4 trillion, putting the Trump White House a big step closer to its first major legislative victory – and many Americans closer to a tax cut.

The vote was 51-49, with Republican Bob Corker of Tennessee the only member of the GOP to side with the Democrats in opposition.

The bill is still not yet finalized. Saturday’s vote means the Senate and House have passed similar tax reform plans, but negotiators from both chambers will start meeting Monday to agree on a single piece of legislation that both chambers must approve before it is sent to President Donald Trump for his signature.

Here’s how the latest legislation would affect you:

CLICK HERE TO READ MORE ON FOX NEWS

ABOVE VIDEO: “What we did tonight will help millions of people in our country.” Hatch, after the Senate passed #TaxReform.

CLICK HERE FOR BREVARD COUNTY NEWS


Click here to contribute your news or announcements Free