The House and Senate tax bills, explained

President Donald Trump is eager to sign into law big changes to the tax code. The House approved its tax rewrite on Nov. 16, and the Senate is trying to clear its version with a full vote this week. If the Senate passes the measure, the two chambers will have to iron out their differences in a version that can pass both chambers. Here are the key details you need to know about both bills. What are the big ideas of the House, Senate bills? Both plans lower individual income tax rates for the middle class. However, they use a … >>More
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