A Major Step Forward for the Republican Tax Bill
The House on Thursday approved its legislation in a surprisingly drama-free vote. But hurdles await in the Senate.
Updated on November 16 at 2:20 p.m. ET
House Republicans on Thursday approved legislation overhauling the U.S. tax code, slashing rates for corporations while more modestly cutting taxes for individuals, and scaling back a host of popular deductions and exemptions.
And they did it without so much as a hint of drama.
The party-line, 227-205 vote is a victory for President Trump and House Speaker Paul Ryan, who took a major step toward enacting their top domestic priority and salvaging what has been a lackluster first year of unified Republican power in Washington.
What was most surprising about Thursday’s result, however, was how easy it was.
There was no last-minute arm-twisting or back-room buy
