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Transcripts For BBCNEWS Newsday 20171220

Its 8am in singapore, midnight in london and 7pm in washington, where donald trump can celebrate perhaps the biggest victory of his presidency so far. Well, sort of. The house of representatives has passed a Major Overhaul of the nations tax laws. It includes steep cuts for the wealthy. The senate is expected to vote shortly. A last minute glitch could mean lawmakers having to vote again though its not expected to change the outcome. Republicans are celebrating. 227 and the no, 203, it is adopted. It is laid upon the table today we raise taxes on 86 million middle class families. 86 million middle class families. 86 million middle class families. 86 million middle class families. 83 of the tax cuts to the wealthiest 1 . Well donald trump has welcomed the house vote on social media. He tweeted his congratulations to what he said were the great republicans who had voted to cut taxes for americans. I asked our correspondent in washington, david willis, to run through what the president s

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Transcripts For BBCNEWS Newsday 20171220

This is bbc world news its newsday. Good morning. Its 9am in singapore, 1am in london and 8pm in washington, where donald trump can celebrate perhaps the biggest victory of his presidency so far. Well, sort of. The house of representatives has passed a Major Overhaul of the nations tax laws. It includes steep cuts for the wealthy. The senate has still to vote that could happen in the next few hours. But a last minute procedural hitch with the bills passage could mean lawmakers having to vote again on wednesday, though its not expected to change the outcome. This was the moment when the bill passed the lower house the first time round on tuesday. The wire and our 227 and the nays are 223. The yays are 227. Today this raises taxes on 86 million middle class families. Hands 83 of the tax cuts to the wealthiest 1 . Well, donald trump has welcomed the house vote on social media. He tweeted his congratulations to what he said were the great republicans who had voted to cut taxes for american

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Transcripts For BBCNEWS BBC News 20171220

Donald trump the first big legislative win of his presidency. It sets out the biggest changes to the tax system in three decades. Republicans say it will boost growth and revive the economy, democrats argue it benefits americas richest and will inflate the deficit. The president s celebrations may be put off for another day though, because a technicality with the wording of the bill means the lower house of Congress Must vote again tomorrow. Our correspondent david willis is in washington for us. How you see the bill depends on your politics. Descriptions from republicans and democrats could come from different universe is . You are absolutely right. They voted in favour in the house of representatives but because of a procedural glitch, they will have to vote or over again in the morning. We are still waiting on a senate vote but it is unlikely this will change the outcome and every indication that President Trump will sign this controversial measure into law in the next few days and

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Transcripts For BBCNEWS BBC News 20171220

Donald trump the first big legislative win of his presidency. It sets out the biggest changes to the tax system in three decades. Republicans say it will boost growth and revive the economy, democrats argue it benefits americas richest and will inflate the deficit. The president s celebrations may be put off for another day, though, because a technicality with the wording of the bill means the lower house of Congress Must vote again later on wednesday. The bbcs david willis is in washington. There are still waiting on a senate vote on this bill tonight, but its unlikely all of this will change the outcome and every indication that President Trump will sign this controversial measure into law in the next few days, possibly as early as tomorrow. This bill includes permanent tax cuts for corporations and temporary tax cuts for individual american citizens. Nonetheless, around 80 of the American Population is expected to see some sort of tax cut starting from next year. Democrats, of cours

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Transcripts For BBCNEWS BBC News 20171220

Legislative win of his presidency. It sets out the biggest changes to the tax system in three decades. Republicans say it will boost growth and revive the economy, democrats argue it benefits americas richest and will inflate the deficit. The president s celebrations may be put off for another day, though, because a technicality with the wording of the bill means the lower house of Congress Must vote again later on wednesday. The bbcs david willis is in washington. Theyre still waiting on a senate vote on this bill tonight, but its unlikely all of this will change the outcome and every indication that President Trump will sign this controversial measure into law in the next few days, possibly as early as tomorrow. This bill includes permanent tax cuts for corporations and temporary tax cuts for individual american citizens. Nonetheless, around 80 of the American Population is expected to see some sort of tax cut starting from next year. Democrats, of course, are unanimously opposed to

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