The two plans . Well, mola lenghi shows us from capitol hill. Reporter Senate Republicans are unveiling their tax reform plan today. Of this plan is another critical step toward providing relief to the middle class. Reporter the Senate Version is expected to eliminate state and local deductions. Just like the house plan. It will also limit the amount of people who pay the estate tax. Whereas the house version eliminates the estate tax altogether. There are potentially seven tax brackets under the senates version as opposed to the four in the house and it will drop the Corporate Tax rate to 20 but not until 2019. We think weve got a strong bill that advances Economic Growth and higher wages and better jobs. Reporter with some of the provisions like the elimination of state and local Tax Deductions could make it hard to get the 50 votes needed to pass the bill. House republicans are revising their version because of an unfavorable review from the congressional budget office. The cbo revi