The Latest: Tax overhaul clears procedural hurdle in House
A sweeping tax overhaul has cleared a procedural hurdle in the House.
Lawmakers voted 235-191 on Wednesday for the rule that sets the stage for a vote on passing the measure. That crucial vote is expected Thursday morning after President
Republican leaders on Tuesday had projected confidence that they have the votes to pass the bill that would slash the corporate tax rate, reduce the number of tax brackets and eliminate some popular deductions.
Separately, the
The two chambers need to reconcile the bills in hopes of getting a measure to Trump by Christmas.
The head of the
Republican Sen.
Hatch said that's a "terribly regressive tax that imposes harsh burdens on low- and middle-income taxpayers." His panel started a third day of work Wednesday on the tax overhaul legislation.
The Obama health care law's requirement that Americans get insurance coverage is now pinned as a target of Republican lawmakers. They are looking to end the individual mandate to help pay for deep tax cuts.
The surprise renewal of the failed effort to eliminate the law's mandate came a day after President


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