House and Senate Republicans on Friday released the final text of
their legislative agreement on taxes, after negotiators from both
chambers worked out the differences between their two bills.
Significantly, the final agreement eliminates the individual mandate
penalty under Obamacare, something the original Senate bill did but the
House bill did not.
The success of the final legislation looked more likely Friday, after Sen. Bob Corker, R-Tennessee, said he would vote for the bill, and Sen. Marco Rubio, R-Florida, seemed to have his concerns about the generosity of the child tax credit satisfied. The House is expected to vote on the legislation Tuesday, and the Senate after that. No Democrats are expected to vote for the legislation.
Here are the details of the final tax agreement, according to highlights from the conference committee:
https://www.cbsnews.com/news/final-gop-tax-agreement-released/
The success of the final legislation looked more likely Friday, after Sen. Bob Corker, R-Tennessee, said he would vote for the bill, and Sen. Marco Rubio, R-Florida, seemed to have his concerns about the generosity of the child tax credit satisfied. The House is expected to vote on the legislation Tuesday, and the Senate after that. No Democrats are expected to vote for the legislation.
Here are the details of the final tax agreement, according to highlights from the conference committee:
https://www.cbsnews.com/news/final-gop-tax-agreement-released/
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