Jay Hoffman News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Lawmakers. From capitol hill, mola lenghi lays out the changes lawmakers need to make before the president gets the bill. Reporter in a vote that is more formality than question mark, the house is once again prepared to pass a 1. 5 trillion tax bill. The tax cuts and jobs act is passed. Reporter the revote was necessary because the bill was tweaked slightly before the Senate Passed it late last night along party lines. Analysts say there will be cuts across every income tax bracket. On average, taxpayers will see a savings of 1,600. When you double the per child tax credit. When you double the standard deduction and you lower tax rates across the board for every income group, thats real relief for families, for individuals. Reporter democrats oppose the bill because they say the majority of tax relief goes to corporations and the very wealthy. The majority stood in the chamber and passed its partisan bill to provide tax cuts for millionaires and billionaires and one president. Report w

United statesAl iskandariyahCapitol hillDistrict of columbiaAndrea roaneJay hoffmanKenneth craigMeg oliverAnne arundelMola lenghiJobs actSenate passedIncome taxTax reliefCbs newsAmerican people