{"id":384727,"date":"2017-12-20T07:26:02","date_gmt":"2017-12-20T07:26:02","guid":{"rendered":"http:\/\/citifmonline.com\/?p=384727"},"modified":"2017-12-20T07:26:02","modified_gmt":"2017-12-20T07:26:02","slug":"us-senate-passes-tax-reform-bill","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2017\/12\/us-senate-passes-tax-reform-bill\/","title":{"rendered":"US Senate passes tax reform bill"},"content":{"rendered":"
The US Senate has approved the most sweeping overhaul of the US tax system in more than three decades.<\/p>\n
The House of Representatives earlier approved the bill comfortably. Republicans have majorities in both houses of Congress.<\/p>\n
For final approval the legislation must go back to the House on Wednesday for a procedural issue.<\/p>\n
If it passes, as expected, it will be President Donald Trump’s first major legislative triumph.<\/p>\n
Critics say the package is a deficit-bloating giveaway to the super-rich.<\/p>\n