After a procedural snafu last night, the House officially passed tax reform this morning. Now the bill goes to President Trump's desk to be signed into law. Jack Hunter, Editor at Rare Politics, explains what happened that forced the House to vote on the bill for a second time. Since Congress is attempting to pass legislation using budget policy, there are a special set of rules that have to be followed. The Senate claimed that the House violated those rules in multiple ways. President Trump could sign the bill into law as soon as tonight. However, even if it gets signed this week, Americans won't feel the effects of tax reform until next year. Hunter walks through some of the ways your taxes could be impacted.

Share:
More In Politics
Social Security and Medicare Funds Remain Under Pressure
Social Security and Medicare, the government’s two biggest benefit programs, remain under intense financial pressure with the retirement of millions of baby boomers and a devastating pandemic putting increased pressures on the two programs’ finances.
30 KPH Max: Paris Shrinks Speed Limit to Protect Climate
The speed limit for most of Paris is now 30 kilometers per hour (less than 19 miles per hour). The new rule takes effect Monday almost everywhere in the city except for a few wide avenues like the Champs-Elysees and the bypass circling the capital.
Load More