The legislation passed with support from all but thirteen Republicans and no Democrats, and now faces significant challenges in the SenateHouse Republicans passed major tax cut legislation on Thursday after a closed-door speech on Capitol Hill from Donald Trump. Speaker Paul Ryan, who has long prioritized tax reform, hailed the passage of the bill. “Anyone who says we’re hiking taxes on low-income families is misstating the facts,” said Utah senator Orrin Hatch, lead author of the bill. Every Republican on this committee has been committed to providing tax cuts for every income cohort.”The legislation faces significant challenges in the Senate. Holding a slim 52-48 majority, Republicans currently can only afford to lose two senators for the Senate tax cut proposal to be passed.

Source: The Guardian November 16, 2017 18:05 UTC