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
Good to be with you. Im annemarie green. Early this morning the Senate Passed the first major rewrite of u. S. Tax laws in over 30 years. The senate vote came hours after the bill was passed by the house. The house has to vote again this morning because of some procedure all violations. President trump is expected to sign the measure later today. For mr. Trump and gop lawmakers it is a long awaited victory. Hena doba is here in new york. Good morning, hena. Good morning. The 1. 5 trillion bill will provide deep cuts for the wealthy and modest cuts for middle and low income families, pushing the National Debt even higher. The tax cuts and job act is passed. The senate gave the nod overnight in a vote along party lines. Moments later President Trump tweeted in part, the United States Senate Just Passed the biggest in history tax cut and reform bill. We now add comprehensive tax reform, major middle class tax relief, and making our businesses both large and small more competitive around t
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
1 00. 47 at 4 00. Steady temps, not a bad day. The cooldown coming for tomorrow morning. For now back over to the news. Thank you, chuck. Breaking news now, the senate has passed a Major Overhaul of our tax code. Just after midnight 51 senators voted to pass sweeping changes with Vice President mike pence presiding over that vote. With further amendment, the tax cuts and jobs act is passed. Protests erupted from the Senate Gallery a number of times. Democratic senators refused to support the bill and blasted the legislation as rushed in an unfair benefit to the wealthy. But republicans argue that permanent Corporate Tax cuts and reorganizing the individual tax code will spur economic growth. The 1. 5 trillion tax bill is one step closer to President Trumps desk where hes expected to sign it into law, but first u. S. House will have to on a few minor provisions. Congress is standing at the doorstep of an historic opportunity. Polls show the bill is opposed by nearly half americans. Pres