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Senate Passes U.S. Tax Overhaul

Measure now heads back to House as Democrats invoke budget rule to force do-over

Senate Republicans passed the most extensive rewrite of the U.S. tax code in more than 30 years, a bill that delivers a deep, permanent tax cut for corporations and shorter-term relief for individuals.

The chamber’s 51-48 party line vote just before 12:45 a.m. Wednesday in Washington brought President Donald Trump to the brink of his first major legislative victory. The bill—which has scored poorly in public opinion polls—promises to become one of the biggest issues in the 2018 elections that will determine whether the GOP retains its majorities in Congress.

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