US Senate Republicans narrowly passed landmark tax reform yesterday, a critical step toward delivering a monumental legislative victory for President Donald Trump in his first year in office.
<img title="Donald Trump" src="http://images.mid-day.com/images/images/2017/dec/trump-win.jpg" alt="Donald Trump" /> Donald Trump
After a marathon session that stretched overnight, the chamber voted 51 to 49 in favour of the nation&rsquo;s largest tax overhaul in 31 years, overcoming stubborn internal Republican resistance and dismissing Democrats angry over the last-minute revisions to the bill. However, Democrats complained it only benefited the wealthy and big business.
The plan sees a sharp cut in corporation tax, but a Senate committee finding has warned it would add $1tn to the budget deficit. The move will be seen as a major victory for Trump, who since taking office has struggled to get major legislative movement in Congress, including fulfilling his vow to repeal and replace Obamacare.
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US Senate Republicans narrowly passed landmark tax reform yesterday, a critical step toward delivering a monumental legislative victory for President Donald Trump in his first year in office

Major win for Donald Trump as US Senate backs tax overhaul

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Major win for Donald Trump as US Senate backs tax overhaul

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