The first notable success of the U.S. Congress since approving the nomination of Neil Gorsuch to the U.S. Supreme Court just came through, as the U.S. House of Representatives passed the most sweeping set of tax reform since Reagan. From the New York Times:
House Speaker Paul D. Ryan of Wisconsin, speaking on the House floor, called the vote “a turning point” saying “this is our chance, this is our moment.” When the bill passed the House, a giddy Mr. Ryan smiled broadly and banged the gavel with force as he declared victory.
Passage of the bill came over the strenuous objections of Democrats in both the House and the Senate, who have accused Republicans of giving a gift to corporations and the wealthy and driving up the federal debt in the process. The final vote tally can be found here.
The U.S. Senate is expected to vote up the tax reform package over the next few days. President Trump intends to sign the bill on Christmas Day.
