So, That's How the Old Dominion University Terrorist Was Able to Obtain a...
Yes, This NYT Headline Is Real...and They Appear to Have a Muslim Terrorist...
We Got Some More Manpower Heading to the Middle East
CNN's Kaitlin Collins Set Up Scott Jennings Perfectly to Torch the Biden Administration
My Word, Ms. Spanberger, What Fresh Hell Is This Tweet?
Victory for President Trump’s DOGE – ACLJ Amicus Brief Affirmed
Did We Avoid Another Terrorist Attack This Week? This Arrest in Texas Makes...
Globalize the Intifada? Authorities in the Netherlands Are Investigating Fire at Synagogue
What Can We Do About Islam in America?
Does Retaliation Against the United States Mean We Shouldn't Wage War Against Our...
Pete Hegseth Blasts Reports That the United States Did Not Plan on Iran...
All Six American Crewman Aboard Refueling Aircraft That Crashed in Iraq Confirmed Dead
Ex-Top Gun Pilot Says The Threat of Iranian Sleeper Cells 'Is Not a...
Jury Convicts 9 Antifa Operatives in Texas Riot, Shooting at ICE Facility
Former Nevada County Commissioner Indicted in Alleged $500K COVID Relief Fraud
Tipsheet

Tax Reform Has Passed the House

Tax Reform Has Passed the House

UPDATE: Democrats are arguing that three provisions of the tax bill violate Senate rules. If true, the House will have to vote again once it's approved by the Senate.

Advertisement

UPDATE: President Trump has congratulated the GOP on its successful vote.

***Original Post***

The House of Representatives has passed the GOP tax bill by a vote of 227 to 203.

"This is a day I have been looking forward to for a long time," House Speaker Paul Ryan said ahead of the vote, praising his colleagues for efforts, especially Ways and Means Chairman Kevin Brady. "Today we are giving the people of this country their money back."

Ryan's remarks were interrupted by hecklers at one point, before he continued to explain the GOP plan's benefits. 

The $1.5 trillion plan nearly doubles the standard deduction for taxpayers, and lowers the corporate tax rate from 35 to 21 percent. Every Democrat voted against it, as did the following 12 Republicans.

Advertisement

Critics say the plan unfairly benefits the rich. Yet, even left leaning organizations admit that the plan will usher in tax cuts for 80 percent of the American people. The average tax cut will be $1,600.

Protesters who showed up to the vote could be heard chanting, "kill the bill, don't kill us." 

One angry woman apparently took her top off. 

Not your typical day on Capitol Hill.

Some, like Minority Leader Nancy Pelosi, didn't even bat an eye when they called it "armaggedon." She revisited that same narrative on Tuesday, saying the tax reform bill introduced by the Republicans was the "worst bill" she's ever seen on the House floor. Former Obama economic adviser Austan Goolsbee said the bill was equal to getting away with murder, noting that the bill's benefits are not permanent.

Because Americans have been "bamboozled" (as Guy put it) into believing these falsehoods, it can account for why a new Monmouth poll showed only 26 percent of Americans approve of the tax reform plan.

Advertisement

Next stop: the Senate. 

Sen. Marco Rubio (R-FL) surprised colleagues last week when he said he couldn't support the bill in its current form because he wasn't satisfied with the child tax credit. His plea was heard - the refundable portion of child tax credit went from $1,100 to $1,400. Rubio called it a solid step forward and announced he was now on board.

Sen. John McCain (R-AZ) will not be present for the vote because he is seeking treatment for brain cancer.

Still, the plan is expected to pass because the Republicans can afford to lose two votes. Three even, with Vice President Mike Pence sweeping in for the deciding vote.

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement