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| Senate Republicans pass sweeping overhaul of US tax code |
| Washington, 02.12.2017 |
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| Bill passed in early hours of Saturday will benefit big businesses and the wealthy, and give Donald Trump his first major legislative victory
Senate Republicans have passed the most sweeping overhaul of the US tax code in three decades, a significant step that moves Donald Trump closer to achieving the first major legislative victory of his presidency.
The Senate passed their tax plan in a 51-49 vote early Saturday morning after a frantic rewrite of the legislation. Senator Bob Corker was the sole Republican to vote against the bill, which would bestow huge benefits on US corporations and the wealthiest Americans.
The House of Representatives passed its own tax reform bill last month and now a final bill will be passed to Trump.
“We think this is a great day for the country,” Senate Majority Leader Mitch McConnell said, at a celebratory press conference after the vote.
Trump tweeted his thanks to McConnell and said he was looking forward to signing the bill before Christmas.Lauren Gambino and Sabrina Siddiqui in Washington
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