The Senate passed its version of the Tax Cuts and Jobs Act. After the GOP leadership made a flurry of last-minute changes, the Senate early Saturday morning passed its version of the nearly 500-page bill.
The Tax Cuts and Jobs Act: Not going to pay for itself. The congressional Joint Committee on Taxation’s dynamic score of the Senate’s Tax Cuts and Jobs Act estimates that the bill would increase the federal debt by $1 trillion over ten years.
The Finance Committee bill heads for the floor. President Trump will visit Capitol Hill tomorrow as the Senate begins debate on the Finance panel’s version of the Tax Cuts and Jobs Act.
The House and Senate tax bills move along. The Senate Finance Committee continues to slog through its ever-changing version of the Tax Cuts and Jobs Act.