Economics
Senate Passes Major Business, Individual Cuts: Tax Debate Update
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The Senate tax bill is in the midst of a marathon vote session that stretched into early Saturday morning with the goal of holding a final vote in the next several hours. Here are the latest developments, updated throughout the day:
Senate Republicans narrowly approved the most sweeping rewrite of the U.S. tax code in three decades, slashing the corporate tax rate and providing temporary tax-rate cuts for most Americans.