House passes GOP bill to make new tax cuts permanent
Republicans have passed legislation for their new tax law. The new bill would make the individual and small-business tax cuts permanent.
Friday’s vote was 220-191 to approve the legislation.
In the eight months since the tax law took effect, “We’ve seen an economic turnaround with more jobs, bigger paychecks and historic Main Street optimism,” Rep. Kevin Brady, R-Texas, chairman of the tax-writing House Ways and Means Committee, said before the vote.