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Breaking: Senate passes tax bill
CNN ^ | December 20, 2017

Posted on 12/19/2017 9:51:01 PM PST by Repeal 16-17

The Senate early Wednesday morning approved the final version of the first overhaul of the U.S tax code in more than 30 years, handing President Trump and congressional Republicans their most significant legislative victory of 2017. The bill passed along party lines, 51-48 with the final result announced by Vice President Mike Pence who presided over the vote. Senator Jeff Flake, the last undeclared Republican, voted for the bill. The House passed the bill earlier Tuesday, but technical changes were made to it in the Senate, and the bill will go back to the House Wednesday for a re-vote, where it is expected to pass again. The President is expected to sign the bill this afternoon in a White House ceremony.

(Excerpt) Read more at cnn.com ...


TOPICS: Constitution/Conservatism; Government; News/Current Events; Politics/Elections
KEYWORDS: 115th; 4; bill; reform; senate; tax; trumptaxcuts
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The House will vote later this morning, then the bill goes to President Trump for his signature.
1 posted on 12/19/2017 9:51:01 PM PST by Repeal 16-17
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To: Repeal 16-17

Let me guess they slipped in a tax increase before the revote in the house.


2 posted on 12/19/2017 9:53:23 PM PST by samadams2000 (Someone important make......The Call!)
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To: Repeal 16-17

T the great. This is winning.


3 posted on 12/19/2017 9:53:42 PM PST by genghis
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To: Repeal 16-17

Wonder how the stock futures are doing?


4 posted on 12/19/2017 9:53:56 PM PST by dfwgator
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To: Repeal 16-17

I heard a Congresslady say our paychecks should be larger starting in January, so hopefully so, and well done.


5 posted on 12/19/2017 9:55:19 PM PST by Golden Eagle (Trump: "What the FBI has done is really, really disgraceful, and a lot of people are very angry.")
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Comment #6 Removed by Moderator

To: Repeal 16-17

Done. Stock market will be very positive for the next six months minimum, and 2018 appears to be a very good year for jobs (I would expect at least a million new jobs to be added over the next twelve months). Even for GDP predictions....some folks are suggesting 5-percent (something that hasn’t happened since around the 1999 era).


7 posted on 12/19/2017 9:56:44 PM PST by pepsionice
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To: Bodleian_Girl

They just had to include a homo couple, didn’t they? Yuck.


8 posted on 12/19/2017 9:58:31 PM PST by Pining_4_TX (For they sow the wind, and they shall reap the whirlwind. ~ Hosea 8:7)
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To: Repeal 16-17

The commies chanted “kill the bill”. Can you imagine being against tax cuts? The world is upside down. Of course the majority of the demonstrators don’t want a job and just want hand outs. Next year The Donald needs to reform all welfare handout programs and gear them on a work first policy and a drug free test that must be passed monthly prior to one penny in benefits.


9 posted on 12/19/2017 9:59:40 PM PST by Kahuna
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To: Repeal 16-17

If Arthur Laffer is right, this is what happens. Regulations and taxes are cut. The economy grows 4-6% per year. Despite lower tax rates, Federal revenue increases. Spending is held in check by the Republicans, the deficit shrinks. Trump is easily reelected and Arthur Laffer gets the Nobel prize. Milton Friedman is fondly remembered. Will it happen?


10 posted on 12/19/2017 10:00:28 PM PST by allendale (.)
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To: genghis

Happy for others, but I don’t think it will help us much. Somehow we always seem to do the equivalent of buying high and selling low. Oh well....


11 posted on 12/19/2017 10:00:31 PM PST by Pining_4_TX (For they sow the wind, and they shall reap the whirlwind. ~ Hosea 8:7)
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To: Pining_4_TX

Bump


12 posted on 12/19/2017 10:00:37 PM PST by Guenevere
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To: Kahuna

May I add that no illegals will receive any benefits including emergency medical and public education. They must be forced to self deport.


13 posted on 12/19/2017 10:02:43 PM PST by Kahuna
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To: samadams2000

Now get to work on real tax reform.


14 posted on 12/19/2017 10:05:51 PM PST by Mr. Blond
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To: Pining_4_TX

Two homosexual “couples.”

And an inter-racial couple.


15 posted on 12/19/2017 10:06:17 PM PST by july4thfreedomfoundation (SCHLONGED: How Donald Trump Beat My Lying, Marxist Ass and Went On to Win the November Election. HRC)
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To: Repeal 16-17

Talk up the Economy for a year. If it’s as good as 2017 then the Repukes should win easily as long as they have decent candidates


16 posted on 12/19/2017 10:22:15 PM PST by wiseprince
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To: All

CNN calling it an “overhaul.”

MSM is avoiding calling it a “tax cut” because they know most Americans favor cutting taxes and government.


17 posted on 12/19/2017 10:26:22 PM PST by TigerClaws
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To: Repeal 16-17

“The President is expected to sign the bill this afternoon in a White House ceremony.”

He should sign it on Christmas Eve ! His gift to the people.


18 posted on 12/19/2017 10:30:32 PM PST by cpdiii (DECKHAND, ROUGHNECK, GEOLOGIST, PILOT, PHARMACIST, LIBERTARIAN The Constitution is worth dying for.)
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To: Pining_4_TX

I’m surprised they didn’t name them Adam & Steve.


19 posted on 12/19/2017 10:35:26 PM PST by TexasCruzin (Trump is the man. #TrumpPence16)
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To: Kahuna

Kill the Bill? A bit late for that. LOL


20 posted on 12/19/2017 10:36:10 PM PST by TexasCruzin (Trump is the man. #TrumpPence16)
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