Tax reform passes both chambers, heads to President for signature

Republicans in the House have given final approval to the tax reform bill, sending the package to President Trump and completing their first big legislative achievement since taking across-the-board control of the government this year, says an article in The Hill. “In a 224-201 vote, the House passed the bill for the second time in […]

Republicans in the House have given final approval to the tax reform bill, sending the package to President Trump and completing their first big legislative achievement since taking across-the-board control of the government this year, says an article in The Hill.

“In a 224-201 vote, the House passed the bill for the second time in two days on Wednesday, after three provisions had to be stripped out because they ran afoul of Senate budget rules. The Senate approved the bill early Wednesday morning.”

Read the full article here.

In another report by The Hill, “White House legislative director Marc Short said Wednesday that President Trump could possibly sign Republicans’ sweeping tax code overhaul while he’s vacationing at his Mar-a-Lago estate for the holidays, though it would ultimately depend on when the president actually receives the legislation from Congress.”

Written by
admin
View all articles

About Us

The League of Southeastern Credit Unions & Affiliates represents nearly 300 credit unions throughout Alabama, Florida, and Georgia. It has a combined total of almost $200 billion in assets and 12.4 million members. LSCU provides advocacy, compliance services, education and training, cooperative initiatives, and communications.

Social Channels

Follow us on all major social media platforms.

Newsletter

Make sure to subscribe to our newsletter and be the first to know the news.