How Republicans pulled off the biggest tax overhaul in 30 years

Rep. Kevin Brady, R-Texas, second from left, speaks during an event to celebrate Congress passing the Tax Cuts and Jobs Act with, from left, President Donald Trump, Senate Majority Leader Mitch McConnell, R-Ky., Vice President Mike Pence, Speaker of the House Paul Ryan, R-Wis., and fellow Republican members of the House and Senate on the South Lawn of the White House on Dec. 20, 2017.

‘Exquisite leadership’: Republicans celebrate tax bill and heap praise on Trump

Skip to navigation Skip to content Skip to footer View text version of this page Help using this website - Accessibility statement Join today and you can easily save your favourite articles, join in the conversation and comment, plus select which news your want direct to your inbox. Washington: As he stood outside the White House on Wednesday, US President Donald Trump basked in the praise of Republican lawmakers assembled around him.

House passes massive tax package; Senate to vote next

Majority Leader Kevin McCarthy, R-Calif., left, and Speaker of the House Paul Ryan, R-Wis., leave a closed-door Republican Conference meeting as Congress prepares to vote on the biggest reshaping of the U.S. tax code in three decades, on Capitol Hill, in Washington, Tuesday. WASHINGTON >> Gleeful Republicans on Tuesday muscled the most sweeping rewrite of the nation's tax laws in more than three decades through the House.

Giddy Republicans celebrate major tax victory ahead of vote

House Ways and Means Committee Chairman Kevin Brady, R-Texas, steward of the GOP tax bill, smiles he as he arrives for a closed-door meeting as the Republican majority in Congress prepares to vote on the biggest reshaping of the U.S. tax code in three decades, on Capitol Hill, in Washington, Tuesday, Dec. 19, 2017. Majority Leader Kevin McCarthy, R-Calif., left, and Speaker of the House Paul Ryan, R-Wis., leave a closed-door Republican Conference meeting as Congress prepares to vote on the biggest reshaping of the U.S. tax code in three decades, on Capitol Hill, in Washington, Tuesday, Dec. 19, 2017.

Trump predicts economic boom as final tax bill heads for House, Senate

President says 'giant tax cut for Christmas' will breathe new life into U.S. economy, delivering more jobs and higher wages and massive tax relief for American families and companies. President Trump on Tuesday predicted the already-humming U.S. economy is about to get a big boost, as the final version of the $1.5 trillion Republican tax bill heads to the floors of the House and the Senate.

Widening the wealth gap: Letter to the editor

House Ways and Means Committee Chairman Kevin Brady, R-Texas, talks with reporters in the Capitol after signing the conference committee report to advance the GOP tax bill, in Washington, Friday, Dec. 15, 2017.( The U.S. tax system needs to be reformed, but giving $1.5 trillion in tax breaks to millionaires and corporations is bad public policy. This bill blows out the deficit, deepens America's wealth gap and imperils safety net programs.

Tax bill boosts oil, gas drilling – and renewable energy

House Ways and Means Committee Chairman Kevin Brady, R-Texas, talks to reporters at the Capitol after Republicans signed the conference committee report to advance the GOP tax bill, in Washington, Friday, Dec. 15, 2017. House Ways and Means Committee Chairman Kevin Brady, R-Texas, talks to reporters at the Capitol after Republicans signed the conference committee report to advance the GOP tax bill, in Washington, Friday, Dec. 15, 2017.

With Rubio, Corker onboard, GOP finalizes huge tax package

Republicans solidified support for their major overhaul of the nation's tax laws Friday, securing endorsements from wavering senators as they pushed to muscle their bill through Congress next week and give President Donald Trump his first major legislative victory. Republican Sens. Marco Rubio of Florida and Bob Corker of Tennessee announced Friday that they would back the bill, the most sweeping rewrite of the tax code in more than three decades.

Rubio’s Gambit Pays Off, Partially – Deal Struck to Expand Child Tax Credit

Sen. Marco Rubio made headlines yesterday when it was reported that he would refuse to support the Republican tax bill unless the child tax credit was expanded. Now, it looks like Rubio's gambit has paid off - at least partially - as the latest version of the bill is said to contain an increased child tax credit.

The Latest: Trump doesn’t think Moore loss will hurt agenda

The prospect of a high-profile Republican senator dogged by sexual misconduct accusations had unnerved a GOP that's fearful of an albatross on its candidates in next year's campaigns. Alabama Sen. Richard Shelby says Moore would have brought a "radioactive" element to the Senate GOP.

Republicans considering bumping corporate rate to 21 percent in tax plan as deal nears

House Speaker Paul Ryan arrives at a news conference regarding tax legislation, on Capitol Hill in Washington, Dec. 12, 2017. Ryan here praised a one-page study released Monday by the Treasury Department showing the tax plan more than paying for itself, but only if high growth forecasts are met and if other Trump administration economic policies proposals are enacted.

Millions could face a tax hike if medical deduction is scrapped

Anne Hammer is one of millions of elderly Americans who could face a substantial tax hike in 2018 depending on the final negotiations over the Republican tax bill. Hammer is 71. Like many seniors, her medical bills are piling up.

Aide tries to refocus tax debate after Trump’s corporate rate remark

President Donald Trump's weekend remark about a scaled-back tax cut for corporations sparked behind-the-scenes debate in the U.S. Congress, with a White House aide trying on Thursday to minimize the impact of the president's comment. The US Capitol Building is seen from the Congressional Visitors Center in Washington, U.S., December 6, 2017.