The only people whose taxes are going up are the really rich. Every taxpayer their taxes are going down except rich people in manhattan and San Francisco. A sweeping tax overhaul approved after a latenight debate and historic vote in washington. Now its just two steps away from drastically changing tax laws for all americans. Good evening. Im dan ashley. And im dion lim in for ama daetz. The senate tonight passed the gop tax plan 5148. It now heads to ry revote in the house tomorrow. Abc News Reporter Kenneth Mouton has the latest from capitol hill. The tax cuts and jobs act is passed. Reporter the Senate Passed the bill in a historic vote along party lines. What a disgrace. Thats what this bill is. Reporter the house also passed the bill. But democrats say three provisions in the plan violated senate rules. Those provisions taken out, which means the house must revote on the plan. Gop leaders are not expecting any problems. Today we are giving the people of this country their money ba
The only people whose taxes are going up are the really rich. Every taxpayer their taxes are going down except rich people in manhattan and San Francisco. A sweeping tax overhaul approved after a latenight debate and historic vote in washington. Now its just two steps away from drastically changing tax laws for all americans. Good evening. Im dan ashley. And im dion lim in for ama daetz. The senate tonight passed the gop tax plan 5148. It now heads to ry revote in the house tomorrow. Abc News Reporter Kenneth Mouton has the latest from capitol hill. The tax cuts and jobs act is passed. Reporter the Senate Passed the bill in a historic vote along party lines. What a disgrace. Thats what this bill is. Reporter the house also passed the bill. But democrats say three provisions in the plan violated senate rules. Those provisions taken out, which means the house must revote on the plan. Gop leaders are not expecting any problems. Today we are giving the people of this country their money ba
Multitasking. Meet the mom who finished her final exam are frfrom the deliv room. So what have you accomplished today . On this wednesday, december 20th. From abc news, this is world news now. How are we supposed to compete with that . Were all slackers. In defense, as the curmudgeon i am, maybe she waited until the last minute to complete her she shouldnt have procrastinated . If she wasnt such a procrastinator, labor would not have happened. The baby is not procrastinating. Were going to start this half hour in washington, d. C. Where theyre not procrastinating. No. The most sweeping rewrite of the nations tax laws just a step away from the president s desk. Senate republicans passed the 1. 5 trillion tax bill in a late night vote strictly upon party line. The democrats will benefit the most but republicans insist it will trickle down to the middle class. It is expected to pass. The house speakers going to use his gavel and be all excited again. The house approved the legislation ear
Passed. Reporter the Senate Passed the bill in a historic vote along party lines. What a disgrace. Thats what this bill is. Reporter the house also passed the bill. But democrats say three provisions in the plan violated senate rules. Those provisions taken out, which means the house must revote on the plan. Gop leaders are not expecting any problems. Today we are giving the people of this country their money back. Reporter the bill met with applause and protest. President trump close to his first major legislative win. The white house insists the billionaire president wont benefit personally from the tax plan. The president will likely take a big hit. But on the business side he could benefit. But primarily and priority number one is middleclass americans. Reporter the plan permanently slashes the corporate rate from 35 to 21 . A new study Shows Americans making 75,000 or less will see their taxes go up within a decade. Wealthy americans will continue to see a tax cut. This is the wor
Walking off the job. The strike now just hours away. As we get ready for a recordbreaking year of Holiday Travel. Good morning washington. Toss to brian cool breezy today cold thursday winter solstice mild Holiday Weekend looking dry now on christmas tonight today mostly to partly sunny, breezy highs around 50 winds northwest 510 mph tonight partly cloudy, much colder lows 2532 winds northwest 510 mph thursday mostly sunny, cold highs mid 40s breaking overnight breaking overnight breaking overnight the Senate Passing a onepointfive trillion dollar rewrite of the tax code. This morning the house will have a doover vote after the bill ran into some procedural problems. And that will seal the deal on tax reform. John gonzalez is live with more on what the bill means for you. Reaction to the approval, and promising that if the tax bill is approved in the house today. There will be a News Conference set for one this afternoon at the white house. Well have all eyes on capitol hill today. Dow