WASHINGTON—Republican efforts to overhaul the U.S. tax code gained momentum Tuesday when two key Senate Republicans expressed optimism about supporting the bill and a congressional committee advanced the measure for a vote on the Senate floor later this week. Republican progress toward overhauling the nation’s tax code came while President Donald Trump squabbled with Democrats over spending legislation needed to prevent a government shutdown next month. The Senate Budget Committee approved the tax measure, 12-11, along party...

Source: Wall Street Journal November 28, 2017 20:33 UTC