Senate Republicans Pass Sweeping Tax Bill – The New York Times

Senate Republicans Pass Sweeping Tax Bill – The New York Times

Majority Leader Mitch McConnell walked to the Senate chamber after a conference with fellow Republicans before the vote on Friday.T.J. Kirkpatrick for The New York Times

WASHINGTON — The Senate passed the most sweeping tax rewrite in decades early Saturday, with Republicans lining up to approve an overhaul that will touch almost every corner of the United States economy, affecting families, small business owners and multinational corporations, with the biggest benefits flowing to the highest-earning Americans.

Senators voted 51-49, as Republicans approved the nearly 500-page bill in the early morning hours after lawmakers received a rewritten version, which contained significant changes from the original bill that passed two Senate panels last month along party lines.

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