Congressional committee advances tax bill after marathon hearing

The U.S. House Ways & Means Committee approved Republicans’ sweeping tax package on May 14, after a marathon hearing in which they voted down several attempts by Democrats to rewrite the plan. 

Approval came on a party-line 26-19 vote, and the bill now heads to the chamber’s Budget Committee. Lawmakers there will combine it with spending-cut legislation produced by other committees in preparation for anticipated floor action prior to Memorial Day.  

Click here to read more about the tax provisions the U.S. House Ways & Means Committee recommended for inclusion in the budget reconciliation bill that Congress is putting together.