GOP Tax Bill Passes House; Democrats Say it Violates Byrd Rule, Must Re-Vote

The House on Tuesday approved a massive tax overhaul that would usher in steep rate cuts for American companies, double the deduction millions of families claim on their annual returns and make a host of other changes as part of the biggest rewrite of the tax code since the Reagan administration.

The bill passed on a 227-203 vote, with 12 Republicans defecting to join Democrats in opposition. The Senate started debate shortly afterward, with a vote expected overnight.

Due to a parliamentary glitch, however, the House will likely have to vote one last time before the legislation can be signed. Three provisions in the House version violated Senate budget rules, so they will have to be stripped before a final House vote on Wednesday.

The $1.5 trillion package, presuming it clears Congress in the end, would hand President Trump his first major legislative victory just days before year’s end and the congressional recess.

“Today, we are giving the people of this country their money back,” House Speaker Paul Ryan, R-Wis., declared Tuesday on the House floor.

At an earlier news conference, Ryan said that “families at every income level get a tax cut,” vowing that a family of four making the median income would see a tax cut worth over $2,000.

***UPDATE***

Democrats say 3 provisions in GOP tax bill violate Senate rules and will be removed, forcing House to re-vote Wednesday.

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